Net profit of Varroc Engineering reported to Rs 54.23 crore in the quarter ended September 2023 as against net loss of Rs 795.02 crore during the previous quarter ended September 2022. Sales rose 2.87% to Rs 1886.81 crore in the quarter ended September 2023 as against Rs 1834.11 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales1886.811834.11 3 OPM %10.307.84 - PBDT158.80107.92 47 PBT73.9130.66 141 NP54.23-795.02 LP Powered by Capital Market - Live News

Varroc Engg. will hold a meeting of the Board of Directors of the Company on 7 November 2023.Powered by Capital Market - Live News

Varroc Engineering announced that the Company`s material subsidiary viz. Varroc Polymers (VPL) has entered into Power Purchase Agreement with AMP Energy C&I Six and AMP Energy C&I Five (SPVs) respectively, for establishing Renewable Power Plants in Karnataka and Tamil Nadu having captive capacity of 30 MWp and 21 MWp respectively, under Captive Power Scheme and further in process of acquiring 1% and 3 % stake in the said SPVs respectively.Powered by Capital Market - Live News

Varroc Engineering along with its subsidiaries viz. Varroc Polymers and Durovalves India has entered into Power Purchase Agreement with AMP Energy C&I Twenty One, AMP Energy C&I Twenty and AMP Energy C&I Twenty Two (hereinafter referred to as �SPVs�) respectively, for acquisition of 26% stake in the said SPVs for establishing Renewable Power Plants in Maharashtra having combined captive capacity of 33.10 MWp / 22.01 MWac, under Captive Power Scheme.Powered by Capital Market - Live News

Net profit of Varroc Engineering reported to Rs 32.26 crore in the quarter ended June 2023 as against net loss of Rs 84.84 crore during the previous quarter ended June 2022. Sales rose 10.08% to Rs 1792.41 crore in the quarter ended June 2023 as against Rs 1628.28 crore during the previous quarter ended June 2022. ParticularsQuarter Ended�Jun. 2023Jun. 2022% Var. Sales1792.411628.28 10 OPM %9.456.98 - PBDT145.4085.05 71 PBT65.24-0.36 LP NP32.26-84.84 LP Powered by Capital Market - Live News