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Varroc Engineering reports 2% rise in Q1 consolidated net profit

05 Sep 2018 Evaluate

Varroc Engineering has reported results for first quarter ended June 30, 2018.

The company has reported over 2-fold jump in its net profit of Rs 25.83 crore for the quarter under review as compared to Rs 10.88 crore for the same quarter in the previous year. Total income of the company increased by 23.12% at Rs 632.33 crore for Q1FY19 as compared Rs 513.57 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 1.66% in its net profit of Rs 99.48 crore for the quarter under review as compared to Rs 97.86 crore for the same quarter in the previous year. Total income of the company increased by 20.88% at Rs 2,953.18 crore for Q1FY19 as compared Rs 2,443.00 crore for the corresponding quarter previous year.

Varroc Engineering Share Price

533.15 -7.30 (-1.35%)
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