Varroc Engineering announced that the name of one of its subsidiaries has been changed from �CarIQ Technologies�, to �Varroc Connect� with effect from 15 July 2024. Powered by Capital Market - Live News

Varroc Engg. announced that the Annual General Meeting(AGM) of the company will be held on 12 September 2024.Powered by Capital Market - Live News

Net profit of Varroc Engineering rose 43.51% to Rs 56.86 crore in the quarter ended March 2024 as against Rs 39.62 crore during the previous quarter ended March 2023. Sales rose 16.23% to Rs 1974.86 crore in the quarter ended March 2024 as against Rs 1699.12 crore during the previous quarter ended March 2023.For the full year,net profit reported to Rs 526.02 crore in the year ended March 2024 as against net loss of Rs 819.84 crore during the previous year ended March 2023. Sales rose 9.59% to Rs 7551.94 crore in the year ended March 2024 as against Rs 6891.21 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1974.861699.12 16 7551.946891.21 10 OPM %11.199.72 -10.248.34 - PBDT187.45133.30 41 651.68419.60 55 PBT104.9541.13 155 314.8682.86 280 NP56.8639.62 44 526.02-819.84 LP Powered by Capital Market - Live News

Net profit of Varroc Engineering reported to Rs 64.27 crore in the quarter ended March 2024 as against net loss of Rs 27.78 crore during the previous quarter ended March 2023. Sales rose 27.42% to Rs 1200.45 crore in the quarter ended March 2024 as against Rs 942.13 crore during the previous quarter ended March 2023.For the full year,net profit reported to Rs 357.07 crore in the year ended March 2024 as against net loss of Rs 1386.79 crore during the previous year ended March 2023. Sales rose 15.09% to Rs 4534.96 crore in the year ended March 2024 as against Rs 3940.20 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1200.45942.13 27 4534.963940.20 15 OPM %16.027.53 -10.157.32 - PBDT151.6329.89 407 308.33148.91 107 PBT100.27-26.65 LP 110.17-45.54 LP NP64.27-27.78 LP 357.07-1386.79 LP Powered by Capital Market - Live News

Varroc Engg. will hold a meeting of the Board of Directors of the Company on 17 May 2024Powered by Capital Market - Live News