Varroc Engineering has won strategic contract for AC-bi-directional wall charger for electric vehicles with a leading global electric vehicle OEM. The estimated annual business value at peak capacity is Rs 439.1 crore (approximately USD 48 million). Powered by Capital Market - Live News

Net Loss of Varroc Engineering reported to Rs 10.30 crore in the quarter ended December 2025 as against net loss of Rs 47.43 crore during the previous quarter ended December 2024. Sales rose 10.23% to Rs 2287.52 crore in the quarter ended December 2025 as against Rs 2075.26 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales2287.522075.26 10 OPM %9.188.96 - PBDT183.98146.67 25 PBT101.6066.13 54 NP-10.30-47.43 78 Powered by Capital Market - Live News

Varroc Engineering announced a significant new business win with a leading global electric vehicle (EV) OEM for the supply of AC-bi-directional wall chargers for electric vehicles. This strategic partnership marks an important milestone in Varroc`s continued expansion within the electric mobility ecosystem and further reinforces its position as a trusted global partner for advanced automotive technology solutions. Under the agreement, Varroc will supply Energy Star-compliant AC bi-directional wall chargers, engineered to deliver high stability, advanced safety, and seamless EV charging performance. The chargers will be manufactured at Varroc`s established facility in Romania, ensuring high-quality production and timely deliveries in line with global standards. The program is expected to span six years, with Varroc setting up peak annual capacity aligned with the forecasted volumes. The estimated annual business value at peak capacity is Rs 439.1 crore (approximately USD 48 million). Powered by Capital Market - Live News

Varroc Engg. will hold a meeting of the Board of Directors of the Company on 5 February 2026.Powered by Capital Market - Live News

Varroc Engineering has introduced a Voluntary Retirement Scheme (VRS) for permanent workmen at various facilities of the Company. The Scheme has been formulated in a manner beneficial to both the Company and the participating workmen. Pursuant to the Scheme, the company received a total of 432 applications from eligible workmen, of which 411 applications were accepted. The implementation of the Scheme entails an overall pay-out of approximately Rs 79.94 crore.Powered by Capital Market - Live News