Vardhman Special Steels has reported results for first quarter ended June 30, 2021.
The company has reported net profit at Rs 27.80 crore for the quarter under review as compared to net loss of Rs 12.78 crore for the same quarter in the previous year. Total income of the company reported over 4-fold jump at Rs 332.78 crore for Q1FY22 as compared Rs 69.63 crore for the corresponding quarter previous year.
Vardhman Special Steels caters to diverse requirements of hot-rolled bars (steel bars and bright bars) for Engineering, Automotive, Tractor, Bearing and Allied Industries.
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