Varroc Engineering Q3: Loss Narrows, Revenue Jumps 10%; Shares Slip Despite Improved Performance

• Varroc Engineering reported a significant improvement in Q3 FY26, with net loss narrowing to ₹10.2 crore from ₹47.4 crore year-on-year.
• Revenue increased by over 10% to ₹2,287.5 crore, and EBITDA rose 13% to ₹209.8 crore, driven by higher sales and operating profit.
• Operating margins remained stable at 9.1%, slightly up from 9% in Q3 FY25, indicating effective cost management.
• The company noted a ₹22 crore impact on profitability due to the implementation of a new labor code.
• Despite positive results, Varroc Engineering shares fell 5% to ₹583.50 on the NSE post-earnings announcement.