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Vardhman Special Steels posts 11% decline in sales volume for Q4FY19

06 May 2019 Evaluate

Vardhman Special Steels has registered a decline of 10.64% in its sales volume for the year ended March 31, 2019 at 34,363 tonnes, as against 38,455 tonnes in same period last year, mainly on account of a significant slowdown in automotive industry.

However, the company has reported sales volume for FY19 at 1,61,676 tonnes a Year on Year growth of 6.25%.

Vardhman Special Steels incorporates cutting-edge manufacturing technology, ensuring the highest levels of quality and compliance. Placed among the leading producers of Special and Alloy Steels, the company caters to diverse requirements of hot rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries.

Peers
Company Name CMP
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