Vardhman Special Steels
264.65
+14.60(+5.84%)
Market Cap₹2,043.70 Cr
PE Ratio25.92
Company Performance:
1D+5.84%
1M+1.01%
6M+17.00%
1Y-7.66%
5Y+825.35%
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Latest news about Vardhman Special Steels
Vardhman Special Steels Eliminates Debt, Expects Lower Finance Costs in Coming Quarters 3 days ago
Vardhman Special Steels Limited (VSSL) has repaid all long-term and short-term loans, expecting reduced finance costs in future quarters. Q1 FY26 results show 4.56% revenue growth to Rs. 43,369.85 lakhs, but EBITDA and net profit declined. Sales volume increased by 10.49% to 55,574 tonnes. The company has commissioned the Kocks Block, progressing on reheating furnace capex, and strengthened partnership with Aichi Steel Corporation, which increased its stake to 24.9%. Discussions for a new forging facility have begun with ASC.
Vardhman Special Steels Announces ₹2,000 Crore Expansion, Reports Q1 FY26 Results 3 days ago
Vardhman Special Steels Reports Q1 Revenue Growth Amid Profit Decline 4 days ago
Vardhman Special Steels Revises Solar Power Agreements, Enhancing Efficiency and Financial Terms 7 days ago
Vardhman Special Steels Approves ₹384.90 Crore Preferential Share Issuance Jun 03, 2025
More news about Vardhman Special Steels
23Apr 25
Vardhman Special Steels: Shares Surge 20% on New Greenfield Plant Announcement
Vardhman Special Steels Limited (VSSL) has announced plans to construct a new greenfield steel plant in Punjab for special and alloy steel production. The project, with a 500,000 MT annual capacity, is estimated to cost Rs. 2,000 crore and is expected to be operational by FY 2029-30. This announcement comes alongside VSSL's Q4 results, which showed a 3% drop in revenue and 40% decline in net profit year-on-year. Despite these results, VSSL's shares hit a 20% upper circuit following the expansion news.
22Apr 25
Vardhman Special Steels Unveils Ambitious Green Steel Plant Expansion in Punjab
Vardhman Special Steels Limited (VSSL) has approved the construction of a new green steel plant in Punjab, set to increase billet production capacity by 500,000 MT. The 2,000 crore rupee project, expected to be completed by FY 2029-30, aims to address future capacity shortages and meet emerging market trends. VSSL reported a revenue of 176,440.83 lakh rupees and a net profit of 9,308.81 lakh rupees for FY 2025. The company also announced a 3 rupee per share dividend and entered into agreements for sustainable energy initiatives.
22Apr 25
Vardhman Special Steels Reports Q4 FY23 Results and Announces Dividend
Vardhman Special Steels has reported a significant decline in its Q4 FY23 financial results. Revenue decreased by 2.05% to ₹430.00 crore, while net profit fell by 39.94% to ₹19.70 crore. EBITDA dropped by 35.71% to ₹31.40 crore, with the EBITDA margin contracting to 7.34%. Despite the challenging quarter, the company announced a dividend of ₹3.00 per share.
Vardhman Special Steels
264.65
+14.60
(+5.84%)
1 Year Returns:-7.66%
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