Vardhman Special Steels Limited announced its audited financial results for the quarter and year ended 31 March 2026, during a board meeting held on 28 April 2026. The company reported a net profit of ₹33.98 Crore for the final quarter, representing a slight increase of 1.19% from ₹33.58 Crore in the previous quarter (QoQ) and a significant surge of 72.23% from ₹19.73 Crore in the same quarter last year (YoY). Revenue from operations for the quarter stood at ₹457.91 Crore, growing 6.36% QoQ from ₹430.54 Crore and 6.98% YoY from ₹428.04 Crore. For the full financial year 2025-26, the company achieved a total profit of ₹122.02 Crore on a revenue of ₹1,754.43 Crore. Additionally, the Board has recommended a dividend of ₹3.50 per equity share.
| Particulars | Q4 FY26 (₹ Cr) | Q3 FY26 (₹ Cr) | Q4 FY25 (₹ Cr) | % Change (QoQ) | % Change (YoY) |
| Revenue from Operations | 457.91 | 430.54 | 428.04 | 6.36% | 6.98% |
| Profit After Tax | 33.98 | 33.58 | 19.73 | 1.19% | 72.23% |
Vardhman Special Steels Limited, part of the Vardhman Group, is a specialized producer of steel products based in Ludhiana, Punjab. The company operates primarily in the manufacturing of steel products, providing high-quality solutions for various industrial applications. Over the years, it has focused on expansion and technological upgradation, such as its Steel Melt Shop project, and continues to benefit from state industrial incentives for its operational excellence. The company maintains a strong market presence in India and is listed on both the BSE and NSE.
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