Varroc Engineering Ltd

Varroc Engineering has entered into a Strategic Cooperation arrangement with Suzhou Tolyy Optronics Co.(Tolyy) for establishing a strategic partnership for select programs to localize and supply next-generation digital cockpit and display solutions for global passenger and commercial vehicle platforms. The collaboration combines Tolyy's display engineering and technology expertise with Varroc's manufacturing capabilities and OEM relationships, enabling localization of advanced display solutions, strengthening the Company's digital cockpit product portfolio, enhancing competitiveness in domestic and global markets and supporting future growth opportunities across passenger and commercial vehicle segments.

Under the arrangement, TOLYY will supply integrated display modules and key electronic components, while Varroc will undertake localisation, integration, validation and final assembly in India. The partnership covers select customer programs and enables complete display module supply by TOLYY, local assembly and integration by Varroc, and exclusive industrialisation of selected display modules in India. The collaboration targets OEM customers across India, Europe and North America. Dhruv Jain, whole time director and CEO, Varroc Business II, said: 'At Varroc, our endeavour is to deliver brilliance at scale by seamlessly integrating global innovation with localized execution. This partnership with TOLYY strengthens our ability to offer cutting-edge digital cockpit capabilities while enhancing supply chain resilience and supporting OEMs to provide safe, smart and sustainable mobility solutions.' Varroc Engineering is a global tier-1 automotive component group. The group manufactures and supplies e-mobility solutions, body systems solutions, lighting solutions, HMI solutions, ICE powertrain and advanced electronics to leading OEMs with end-to-end capabilities across design, development and manufacturing for two-wheeler, three-wheeler, passenger vehicles, commercial vehicle, and off-highway vehicle worldwide. The scrip shed 0.38% to currently trade at Rs 1073.20 on the BSE. Powered by Capital Market - Live

Varroc Engg. announced that the 38th Annual General Meeting(AGM) of the company will be held on 20 August 2026.

Varroc Engg. announced that the Board of Directors of the Company at its meeting held on 27 May 2026, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 150%) , subject to the approval of the shareholders.

Net profit of Varroc Engineering rose 237.00% to Rs 69.32 crore in the quarter ended March 2026 as against Rs 20.57 crore during the previous quarter ended March 2025. Sales rose 12.81% to Rs 2368.08 crore in the quarter ended March 2026 as against Rs 2099.20 crore during the previous quarter ended March 2025. For the full year,net profit rose 267.52% to Rs 225.03 crore in the year ended March 2026 as against Rs 61.23 crore during the previous year ended March 2025. Sales rose 9.03% to Rs 8890.49 crore in the year ended March 2026 as against Rs 8154.08 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales2368.082099.20 13 8890.498154.08 9 OPM %9.3910.52 -9.339.67 - PBDT194.42185.10 5 716.86639.92 12 PBT108.77103.67 5 385.15316.60 22 NP69.3220.57 237 225.0361.23 268 Powered by Capital Market - Live

Varroc Engineering has fixed 07 August 2026 as record date for determining the entitlement of shareholders to receive the dividend of Rs 1.50 per share for the financial year ended 31 March 2026.

Varroc Engg. will hold a meeting of the Board of Directors of the Company on 27 May 2026.

Varroc Engineering has exercised call option for early redemption of 8.6% 25,000 Rated, Listed, Senior, Secured, Redeemable, Taxable, Transferable Non-Convertible Debentures (NCDs) on private placement basis of having original face value Rs. 1,00,000/- (NCDs) issued by the company. Powered by Capital Market - Live

Varroc Engineering has won strategic contract for AC-bi-directional wall charger for electric vehicles with a leading global electric vehicle OEM. The estimated annual business value at peak capacity is Rs 439.1 crore (approximately USD 48 million). Powered by Capital Market - Live

Net Loss of Varroc Engineering reported to Rs 10.30 crore in the quarter ended December 2025 as against net loss of Rs 47.43 crore during the previous quarter ended December 2024. Sales rose 10.23% to Rs 2287.52 crore in the quarter ended December 2025 as against Rs 2075.26 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales2287.522075.26 10 OPM %9.188.96 - PBDT183.98146.67 25 PBT101.6066.13 54 NP-10.30-47.43 78 Powered by Capital Market - Live