Varroc Engineering’s Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The board also approved amending the policy for determining materiality and dealing with Related Party Transactions. A call option for debentures has been approved and Committees have been re-constituted.
Financial Performance Highlights
The Board of Directors of Varroc Engineering has officially approved the unaudited financial results for Q3 2026. Key details include the standalone and consolidated financial performance for the quarter and nine months ending December 31, 2025.
Amendment to Regulatory Policies
Effective February 5, 2026, the board has approved amendments to the Policy for determining materiality and dealing with Related Party Transactions. This change aims to enhance corporate governance and ensure compliance with evolving regulatory standards.
Debenture Call Option Approved
The board has approved the exercise of a call option for 25,000 rated, listed, senior, secured, redeemable, taxable, and transferable Non-Convertible Debentures (NCDs). These NCDs have an original face value of INR 1,00,000 each and a current face value of INR 68,750 each, bearing ISIN INE665L07040, and were allotted on September 7, 2023.
Reconstitution of Committees
The Audit Committee and the Nomination & Remuneration Committee have been re-constituted. Key members include Mr. Vinish Kathuria (Chairman of Audit Committee), Mrs. Liselott Kilaas, and Mr. Akshay Chudasama. Mr. Akshay Chudasama chairs the Nomination & Remuneration Committee, with Mrs. Liselott Kilaas and Mr. Vinish Kathuria as members.
Standalone Financial Results Summary
Revenue from operations: ₹21,151.59 million for Q3 2026 compared to ₹18,758.57 million for Q3 2025.
Profit before tax: ₹410.51 million for Q3 2026 compared to ₹627.66 million for Q3 2025.
Profit after tax: ₹320.89 million for Q3 2026 compared to ₹454.95 million for Q3 2025.
Consolidated Financial Results Summary
Revenue from operations: ₹22,875.20 million for Q3 2026 compared to ₹20,752.62 million for Q3 2025.
Profit/ (Loss) before tax: ₹(32.82) million for Q3 2026 compared to ₹(247.94) million for Q3 2025.
Total comprehensive income/ (loss) for the period: ₹54.45 million compared to ₹(594.36) million for Q3 2025.
Source: BSE
