Varroc Engineering reports 4% rise in Q2 consolidated net profit

Ace News

13th Nov 2024

Varroc Engineering has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported many fold jump in its net profit at Rs 47.14 crore for the quarter ended September 30, 2024 as compared to Rs 2.11 crore for the same quarter in the previous year. Total income of the company increased by 11.18% at Rs 1,253.13 crore for Q2FY25 as compared to Rs 1,127.08 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 3.73% rise in net profit at Rs 57.80 crore for Q2FY25 as compared to Rs 55.72 crore for the same quarter in the previous year. Total income of the company increased by 10.24% at Rs 2,087.46 crore for Q2FY25 as compared to Rs 1,893.55 crore for the corresponding quarter previous year.