Vardhman Special Steels Recommends ₹3.5 Dividend; FY26 Profit ₹122 Crore
Vardhman Special Steels reported audited results for FY26 with a profit after tax of ₹122.02 crore, up from ₹93.09 crore in FY25. Revenue from operations was ₹1,754.43 crore. The company recommended a dividend of ₹3.5 per share. For Q4 FY26, PAT was ₹33.98 crore.
The increase in profit and dividend recommendation are positive developments for shareholders. The financial results show growth compared to the previous year.
The company reported an increase in profit for the full financial year and the fourth quarter, along with a dividend recommendation, indicating positive financial performance.
Vardhman Special Steels Limited announced its audited financial results for the financial year ended March 31, 2026. The company's Board of Directors recommended a dividend of ₹3.5 per fully paid-up equity share. This dividend payment is subject to shareholder approval and is tentatively scheduled for dispatch within five days of the conclusion of the Annual General Meeting.
The company reported a profit after tax of ₹12,202.39 lakhs (₹122.02 crore) for the financial year ended March 31, 2026, compared to ₹9,308.81 lakhs (₹93.09 crore) in the previous year. Revenue from operations for the full year stood at ₹1,75,443.31 lakhs (₹1,754.43 crore), a slight decrease from ₹1,76,440.83 lakhs (₹1,764.41 crore) in FY25.
For the quarter ended March 31, 2026, profit after tax was ₹3,397.94 lakhs (₹33.98 crore), an increase from ₹1,973.21 lakhs (₹19.73 crore) in the corresponding quarter of the previous year. Revenue from operations for the quarter was ₹45,791.54 lakhs (₹457.92 crore), up from ₹42,803.88 lakhs (₹428.04 crore) in the prior year's quarter.
The Auditors' Report for the financial year ended March 31, 2026, was issued with an unmodified opinion. The Board meeting to approve these results commenced at 8:00 a.m. and concluded at 12:30 p.m. on April 28, 2026.
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Vardhman Special Steels Limited filed this with the NSE as a statutory disclosure, categorised under annual 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.