VSSL

Vardhman Special Steels Limited

Source: NSE · Updated 4 Nov, 06:28 pm IST

Filed 27 Oct, 03:11 pm IST Q2 FY27 (Sep ’26)Standalone (no consolidated filing)₹ lakhs

Revenue

60,005.06

▲ 38.8% vs Q2 FY26

Operating profit (EBITDA, derived from filing)

6,912.29

▲ 52.7% vs Q2 FY26

Net profit

5,249.38

▲ 51.9% vs Q2 FY26

EPS (₹)

5.43

▲ 50.4% vs Q2 FY26

Operating margin

11.5%

+100 bps vs Q2 FY26

Net margin

8.7%

+70 bps vs Q2 FY26

Revenue up, profit up vs Q2 FY26

Revenue+39% vs Q2 FY26 · +23% vs Q1 FY27

Profit+52% vs Q2 FY26 · +27% vs Q1 FY27

View official filing ↗

Numbers from the company's structured XBRL filing on NSE, cross-checked with P&L totals.

Previous-quarter and year-ago figures: as originally reported in those quarters' NSE filings; filing PDF not available to confirm restatements.

Quarter comparison

Item	Q2 FY27 (Sep ’26)	Q1 FY27 (Jun ’26)	vs Q1 FY27	Q2 FY26 (Sep ’25)	vs Q2 FY26
Revenue from operations	60,005.06	48,600.7	▲ 23.5%	43,227.43	▲ 38.8%
Other income	1,473.8	985.71	▲ 49.5%	1,121.78	▲ 31.4%
Total income	61,478.86	49,586.41	▲ 24.0%	44,349.21	▲ 38.6%
Total expenses	54,423.05	44,046.34	▲ 23.6%	39,698.98	▲ 37.1%
Operating profit (EBITDA)*	6,912.29	5,843.04	▲ 18.3%	4,526.29	▲ 52.7%
Profit before tax	7,055.81	5,540.07	▲ 27.4%	4,650.23	▲ 51.7%
Tax expense	1,806.43	1,421.5	▲ 27.1%	1,193.88	▲ 51.3%
Net profit	5,249.38	4,118.57	▲ 27.5%	3,456.35	▲ 51.9%
EPS (₹)	5.43	4.26	▲ 27.5%	3.61	▲ 50.4%
Operating margin	11.5%	12.0%	−50 bps	10.5%	+100 bps
Net margin	8.7%	8.5%	+20 bps	8.0%	+70 bps

Showing Q2 FY27 (Sep ’26) and change vs Q2 FY26. Turn your phone sideways for Q1 FY27 (Jun ’26).

Figures in ₹ lakhs except EPS. Standalone figures from the company's XBRL filing on NSE. Each row is shown only if it reconciles with the others (e.g. PBT − tax = net profit); rows we couldn't verify are left out. Net margin = net profit ÷ revenue. *Operating profit (EBITDA), derived from the filing: profit before exceptional items and tax + finance costs + depreciation − other income. Operating margin = EBITDA ÷ revenue.

All Vardhman Special Steels results, dividends & filings ›

Other results filed 27 Oct

ROUTE ROUTE MOBILE LIMITED›VISL Vedanta Iron and Steel Limited›INDIAMART Indiamart Intermesh Limited›UNIMECH Unimech Aerospace and Manufacturing Limited›LTFOODS LT Foods Limited›QUICKHEAL Quick Heal Technologies Limited›KNACK Knack Packaging Limited›UBL United Breweries Limited›STARHEALTH Star Health and Allied Insurance Company Limited›CGCL Capri Global Capital Limited›SYNGENE Syngene International Limited›CENTENKA Century Enka Limited›

Today's results ›

VARDHMAN SPECIAL STEELS Q2 FY27 ; NET PROFIT UP 52% AT ₹52 CR (YOY), UP 27% (QOQ)

REVENUE UP 39% AT ₹600 CR (YOY), UP 23% (QOQ)

EBITDA UP 53% AT ₹69 CR (YOY), UP 18% (QOQ)

MARGINS AT 11.5% VS 10.5% (YOY), 12.0% (QOQ)

https://resultkal.com/r/vssl-2026-10-27
Source: NSE filing · not investment advice

FAQ

When did Vardhman Special Steels announce Q2 FY27 results?

Vardhman Special Steels filed its results on NSE on 27 Oct, 03:11 pm IST.

What does QoQ and YoY mean?

QoQ compares with the previous quarter; YoY compares with the same quarter last year. Growth is calculated from the figures in the filing.

Are these Vardhman Special Steels figures official?

They are auto-read from the company's NSE filing and may contain errors. Always confirm with the official PDF linked on this page.

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Figures are auto-read from the company's NSE filing and may contain errors. Check the official filing before deciding. Not investment advice.

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