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Varroc Engineering slips despite reporting 2% rise in Q1 consolidated net profit

06 Sep 2018 Evaluate

Varroc Engineering is currently trading at Rs. 1103.95, down by 22.05 points or 1.96% from its previous closing of Rs. 1126.00 on the BSE.

The scrip opened at Rs. 1128.90 and has touched a high and low of Rs. 1128.90 and Rs. 1070.00 respectively. So far 7466 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 1177.45 on 03-Sep-2018 and a 52 week low of Rs. 931.70 on 26-Jul-2018.

Last one week high and low of the scrip stood at Rs. 1,177.45 and Rs. 1,070.00 respectively. The current market cap of the company is Rs. 14595.37 crore.

The promoters holding in the company stood at 85.00%, while Institutions and Non-Institutions held 7.82% and 7.18% respectively.

Varroc Engineering has reported over 2-fold jump in its net profit of Rs 25.83 crore for the quarter ended June 30, 2018 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

528.20 -12.25 (-2.27%)
20-Apr-2026 14:36 View Price Chart
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