| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 426.77 | 13.8% |
| Total Income | 433.74 | 14.0% |
| Expenditure | 405.27 | 13.7% |
| PBT | 28.47 | 17.9% |
| Net Profit | 21.46 | 16.9% |
| OPM | 1.86% | |
| NPM | 4.95% | |
| EPS | 2.63 | 721.9% |
Vardhman Special Steels Reports 9.36% YoY Increase in Revenue for 9M FY25
30 Jan 2025 · 30 Jan 2025, 03:18 pm
Summary
Vardhman Special Steels Limited, a leading producer of special steels in India, has announced its unaudited financial results for the third quarter and nine months ended 31st December, 2024. The company reported a YoY increase of 9.36% in revenue from operations, 20.76% in EBITDA, and 24.68% in PAT for the nine-month period.
Key Highlights
- 1
9M FY25 Revenue from Operations at Rs. 1,336.37 Crore, YoY increase of 9.36%
- 2
9M FY25 EBITDA (including other income) at Rs. 138.54 Crore, YoY increase of 20.76%
- 3
9M FY25 PAT at Rs. 73.36 Crore, YoY increase of 24.68%
- 4
13.37% YoY increase in volumes for 9M FY25
- 5
Successfully tested 3,00,000 tonnes of annual billet production capacity
Management Comments
Mr Sachit Jain
Vice Chairman & Managing Director, Vardhman Special Steels Ltd.
Our volumes for the quarter increased by 14% for rolled products despite muted demand. The revenue growth was in line with the growth in volumes mainly due to pricing pressures from the OEMs which led to lower realizations and less margin per ton. The EBITDA per ton for rolled products remained within our targeted range at Rs. 7,981 per ton. Speaking of our overall capacity, we have successfully tested 3,00,000 tonnes of annual billet production capacity as per our plans. In preparation for the upcoming quarter, we are building inventory in anticipation of a planned plant shutdown in March for approximately 25 days. Looking ahead, we are well aligned with our long-term vision for profitable growth. We remain focused on maintaining our momentum and delivering sustainable value to all our stakeholders.
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