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Vardhman Special Steels filed proceedings of its 16th AGM held on 18-Sep-2026 via VC/OAVM. Resolutions covered adopting FY26 financials and a Rs 3.5 per-share dividend.
Vardhman Special Steels delivered a strong Q1 FY27 with revenue at INR 486 Cr (up 12% YoY) and PAT of INR 41 Cr. Management is focusing on capacity expansion and non-automotive diversification.
Management is optimistic about a multi-engine growth strategy involving non-automotive, forging, and aerospace segments. While current growth is volume-constrained by licensing, future capacity expansions and cost-saving measures aim to boost profitability.
VSSL reported strong Q1 FY27 results with 12% YoY revenue growth and 107% PAT growth, driven by higher volumes and OEM price hikes.
Vardhman Special Steels Ltd reported revenue from operations of ₹486 Cr (+12.1% YoY) and net profit of ₹41.2 Cr (+107.0% YoY) for Q1 FY27.
Vardhman Special Steels reported record FY26 profits of ₹122 crore on highest-ever volumes of 225,000 tons. Management is diversifying into non-automotive sectors and sophisticated alloys.
Management reported record profits of ₹122 crore and 225,000 tons volume, marking the transition toward a 'supermarket of special steels' with a heavy focus on non-automotive diversification.
VSSL reported FY26 PAT of ₹122.02cr (up 31%) on revenue of ₹1,754cr. Strategy focuses on becoming debt-free and expanding capacity via a new ₹475cr greenfield project.
Vardhman Special Steels Ltd reported revenue from operations of ₹457.9 Cr (+7.0% YoY) and net profit of ₹34 Cr (+72.6% YoY) for Q4 FY26.