Varroc Engineering Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company’s Board of Directors approved these results, which detail standalone and consolidated financial performance. Key figures for revenue, expenses, and profit before and after tax are presented for both periods, offering stakeholders a clear view of the company’s financial standing.
Varroc Engineering Reports Q2 FY27 Unaudited Financial Results
Varroc Engineering Limited has officially announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors, at a meeting held on November 4, 2026, reviewed and approved these results. The announcement covers both standalone and consolidated financial statements, providing a comprehensive overview of the company’s performance.
Key Financial Highlights (Standalone)
For the quarter ended September 30, 2026, Varroc Engineering reported total income of Rs. 26,812.51 million. Expenses for the same period amounted to Rs. 25,204.02 million, resulting in a profit before tax of Rs. 1,608.49 million. After accounting for a tax expense of Rs. 420.73 million, the net profit for the quarter stood at Rs. 1,187.76 million. Comprehensive income for the period was Rs. 1,160.98 million.
For the half-year ended September 30, 2026, total income reached Rs. 50,498.95 million, with total expenses reported at Rs. 47,555.11 million. This led to a profit before tax of Rs. 2,943.84 million. The tax expense for the half-year was Rs. 767.41 million, yielding a net profit of Rs. 2,176.43 million. Total comprehensive income for the half-year was Rs. 2,149.65 million.
Key Financial Highlights (Consolidated)
On a consolidated basis, for the quarter ended September 30, 2026, total income was Rs. 29,518.26 million, with total expenses at Rs. 28,117.27 million. This resulted in a profit before tax of Rs. 1,400.99 million. After a tax expense of Rs. 441.22 million, the consolidated net profit for the quarter was Rs. 334.66 million. Total comprehensive income for the quarter was Rs. 398.80 million.
For the half-year ended September 30, 2026, consolidated total income stood at Rs. 55,922.58 million, with total expenses of Rs. 53,390.43 million. Profit before tax was Rs. 2,532.15 million. The consolidated tax expense was Rs. 807.94 million, leading to a net profit of Rs. 1,111.69 million. Total comprehensive income for the half-year was Rs. 1,125.02 million.
Auditor’s Review Report
The financial results were reviewed by the Statutory Auditors, SRBC & CO LLP. The report includes a qualified conclusion concerning an arbitration matter related to the previous year’s income recognition and potential future impacts. Additionally, the auditors highlighted matters regarding arbitrations initiated by OPmobility Lighting Holding and GST Appellate Authority orders, for which no provision has been made pending conclusion.
Additional Disclosures
The company also provided additional disclosures as per Regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These include various financial ratios such as Debt Equity ratio, Debt Service Coverage Ratio, and Net Profit Margin, among others, for the reported periods.
Source: BSE
