506.3500 -0.90 (-0.18%)
NSE May 28, 2025 15:31 PM
Volume: 77,817
 

506.35
-0.18%
ICICI Securities Limited
Varroc Engineering’s (VAR) Q3FY23 EBITDA margin came in at 7.8%, up 280bps YoY, mainly led by improved operating leverage on account of 15%, YoY revenue growth with gross margin remaining unchanged. Revenue growth of 15% YoY to Rs17.2bn was mainly driven by organic growth in India business on a low base, cost inflation pass on and new business initiatives in EV/electronics.
Varroc Engineering Ltd. is trading below its 150 day SMA of 507.4
More from Varroc Engineering Ltd.
All Rapid Results
Recommended