Varroc Engineering Reports 6.8% Revenue Growth with Strong EV Business Expansion Aug 11, 2025
Varroc Engineering Reports 6.8% Revenue Growth and 54% Jump in PBT for Q1 Aug 07, 2025
Varroc Engineering Bolsters Board with Appointment of Private Equity Veteran Padmanabh Sinha Jul 18, 2025
More news about Varroc Engineering
09Jul 25
Varroc Engineering Faces $66.4 Million Arbitration Claim from Opmobility Lighting Holding
Varroc Engineering, an automotive component manufacturer, has received an arbitration request from Opmobility Lighting Holding. The claim amounts to $66.4 million, plus additional legal costs. The nature of the dispute remains undisclosed. This legal challenge could significantly impact Varroc's financial position and is likely to be closely monitored by shareholders and industry observers.
Varroc Engineering, an automotive component manufacturer, reported a 63.2% decline in Q4 net profit to ₹21.00 crore, down from ₹56.90 crore last year. This decrease occurred despite a 6.3% increase in revenue to ₹2,099.20 crore. The company's EBITDA margin contracted to 10.56% from 11.18%. The board recommended a dividend of ₹1.00 per share. The profit decline suggests significant cost pressures during the quarter, possibly due to increased operational costs, raw material price fluctuations, or supply chain challenges.
07May 25
Varroc Engineering Secures ₹364 Crore Settlement, Boosting Financial Position
Varroc Engineering, an auto components manufacturer, has received a full settlement of RMB 310.5 million (approximately ₹364.00 crore). This significant financial inflow is expected to strengthen the company's balance sheet, potentially improving liquidity, enabling debt reduction, or funding new investments. The settlement demonstrates Varroc's ability to successfully conclude financial agreements, which could positively impact investor perception and the company's market position in the auto components sector.
17Apr 25
Varroc Engineering Ordered to Transfer 50% Stake in Joint Venture to Beste Motors
A British Virgin Islands court has ordered Varroc Engineering to transfer its 50% stake in Varroc TYC Corporation to Beste Motors for RMB 310.50 million (approx. INR 360.00 crore), following an ICC arbitration award. The transfer must be completed within 28 days of the April 3, 2025 enforcement award. The dispute stemmed from alleged breaches of a 2013 shareholders' agreement and articles of association for joint ventures in China.