Vardhman Special Steels Posts ₹4.86 Billion Revenue, ₹411.90 Million PAT in Q1

MUMBAI, India — Automotive and engineering alloy steel manufacturer Vardhman Special Steels Limited (NSE: VSSL, BSE: 541133) on Wednesday, July 22, 2026, reported its financial results for the first quarter ended June 30, 2026 (Q1 FY27).

In regulatory filings submitted to stock exchanges, the Ludhiana-headquartered company reported revenue from operations of ₹4.86 billion (₹486 crore). Net profit after tax (PAT) for the June quarter reached ₹411.90 million (₹41.19 crore). The performance was supported by strong volume demand across two-wheeler, passenger vehicle, tractor, and industrial bearing original equipment manufacturers (OEMs).

Financial Highlights and Operational Performance

The top-line performance reflects volume expansion and steady capacity utilization across the company's steel melting and rolling mill facilities in Ludhiana, Punjab.

The growth in profitability was enabled by operational efficiencies and stable conversion margins under the company's cost-plus pricing framework for automotive alloy steel contracts.

Strategic Manufacturing Profile and Industry Alignment

Vardhman Special Steels operates as a specialized supplier of hot-rolled alloy steel bars, bright bars, and forging-grade steel for major automotive OEMs and component suppliers.

The ongoing technical partnership with Japan’s Aichi Steel Corporation a steel manufacturing affiliate of Toyota Group continues to drive product quality enhancements, operational safety improvements, and joint product development for global automotive supply chains.

Official Sources Section

Financial results, limited review reports, and official corporate disclosures were formally filed with the National Stock Exchange of India (NSE) and BSE Limited in compliance with SEBI guidelines, with investor documentation hosted on the Vardhman Special Steels Official Website.

Quote Section

"According to corporate disclosures filed with domestic stock exchanges on July 22, 2026, Vardhman Special Steels Limited generated ₹4.86 billion in revenue from operations with a net profit after tax of ₹411.90 million for the quarter ended June 30, 2026."

Why It Matters

• For Auto Ancillary Investors: Demonstrates demand stability across special and alloy steel supply chains feeding passenger vehicle and commercial transportation hubs.

• For Manufacturing Partners: Confirms sustained steel production capacity and technical quality standards supported by global strategic ties.

• For Industrial Markets: Serves as a key indicator for steel bar and forging-grade raw material utilization across northern Indian industrial clusters.

Key Facts at a Glance

• Q1 Revenue from Operations: ₹4.86 billion (₹486 crore).

• Q1 Net Profit (PAT): ₹411.90 million (₹41.19 crore).

• Core Product Line: Hot-rolled alloy steel bars and bright bars for automotive applications.

• Listing Tickers: NSE: VSSL (VARM.NS) / BSE: 541133.

Frequently Asked Questions (FAQ)

What was Vardhman Special Steels' revenue for the June quarter?

Vardhman Special Steels reported revenue from operations of ₹4.86 billion (₹486 crore) for the quarter ended June 30, 2026.

What was the net profit reported by Vardhman Special Steels in Q1?

The company posted a net profit after tax (PAT) of ₹411.90 million (₹41.19 crore) for the June quarter.

On which stock exchanges is Vardhman Special Steels listed?

Vardhman Special Steels Limited is listed on the National Stock Exchange of India (NSE) under ticker symbol VSSL (VARM.NS) and on BSE Limited under security code 541133.

Source: Official regulatory financial statements submitted to the National Stock Exchange of India (NSE) and BSE Limited by Vardhman Special Steels Limited, with corporate updates archived by Reuters.