Vardhman Special Steels Q1 FY27 PAT Soars 107% to ₹41.19 Cr

Vardhman Special Steels Limited announced its unaudited financial results for Q1 FY27, reporting a significant 107.01% year-on-year increase in Profit After Tax (PAT) to ₹41.19 Crore. Revenue from Operations grew by 12.06% to ₹486.01 Crore, driven by a 6.35% rise in sales volume to 59,103 MT and higher realizations. EBITDA also saw a substantial increase of 73.63% to ₹68.29 Crore. The company attributes the strong performance to sustained demand, improved operating efficiencies, cost savings from solar power, and strategic investments in manufacturing capabilities. Management expressed optimism for FY27, highlighting ongoing growth strategies and expansion plans.