Vardhman Special Steels Q3FY26 Profit After Tax at ₹33.59 Crore
Vardhman Special Steels reported Q3FY26 PAT of ₹33.59 crore, up from ₹21.46 crore in Q3FY25. Nine-month PAT rose to ₹88.04 crore from ₹73.36 crore year-on-year. Total income for Q3FY26 was ₹443.72 crore. The company issued 58,500 equity shares under its ESOP scheme.
The results show improved profitability and a slight increase in equity, which are material for investors. The issuance of ESOPs is a standard corporate action.
The company reported a significant increase in profit after tax for both the quarter and the nine-month period compared to the previous year.
Vardhman Special Steels Limited announced its un-audited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results in a meeting held on January 20, 2026, which commenced at 10:30 a.m. and concluded at 1:40 p.m.
For the quarter ended December 31, 2025, the company reported a Profit After Tax (PAT) of ₹3,358.59 lakhs (₹33.59 crore), a significant increase from ₹2,145.67 lakhs (₹21.46 crore) in the same period last year. Total income for the quarter stood at ₹44,371.90 lakhs (₹443.72 crore). Expenses during the quarter were ₹39,892.76 lakhs (₹398.93 crore).
For the nine months ended December 31, 2025, the PAT was ₹8,804.45 lakhs (₹88.04 crore), compared to ₹7,335.60 lakhs (₹73.36 crore) for the corresponding period in the previous year. Total income for the nine months was ₹1,32,840.70 lakhs (₹1,328.41 crore), with total expenses at ₹1,21,034.51 lakhs (₹1,210.35 crore).
During the quarter, the company issued 58,500 equity shares under its Employee Stock Options Scheme, increasing the paid-up equity share capital. The company also noted that consolidated financials are not required as it holds no subsidiary or associate investments following an amended agreement related to a solar power plant investment.
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Vardhman Special Steels Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Vardhman Special Steels Limited. Read the original for the full detail.