Vardhman Special Steels Limited

rs,

ge of India Ltd, New Trading Ring, Exchange Plaza, Bandra-Kurla Complex, Rotunda Building, P.J. Towers, Bandra (East), Dalal Street, MUMBAI-400001. MUMBAI-400 051 Scrip Code: 534392 Scrip Code: VSSL SUB:

14%

Ui 1 had si ee If aime + Vardhman . MANAGEMENT S MESSAGE Our volumes for the quarter increased by 14% for rolled products despite muted demand. The revenue growth was in line with the growth in volumes

Rs. 7,981

d less margin per ton. The EBITDA per ton for rolled products remained within our targeted range at Rs. 7,981 per ton. Speaking of our overall capacity, we have successfully tested 3,00,000 tonnes of annual bil

7.39%

for previous periods accordingly in accordance with Ind AS 33 Revenue From Operations 426.77 397.40 7.39% OO S| aj hia Sade ee nn ASA TEARS PRE ne ‘ Other Income 6.97 8.25 9.29 2 7 Total Income 433.74 405.

16.83%

nsumed 305.26 234.36 265.62 at 54,252 tonnes — YoY Purchases of Stocks 0.00 (1.15) 0.00 increase of 16.83%. It also Changes In Inventory (53.87) 8.92 56.43 includes 1,559 MT sales of Raw Material Expenses 2

1,559 MT

tocks 0.00 (1.15) 0.00 increase of 16.83%. It also Changes In Inventory (53.87) 8.92 56.43 includes 1,559 MT sales of Raw Material Expenses 251.40 242.13 322.05 Billets Employee Expenses 25.21 24.11 26.50 Pow

1.33%

Y mainly due to Total Expenditure 391.69 364.15 455.66 increase in sales volumes EBITDA 42.05 41.50 1.33% 48.45 Depreciation 8.49 7.43 8.40 EBITDA (including other Interest / Finance Cost 5.09 4.91 5.37 in

2.38%

(including other Interest / Finance Cost 5.09 4.91 5.37 income) per ton for rolled PBT 28.47 29.16 (2.38%) 34.68 products in Q3 FY25 — Rs. Tax 7.01 7.36 8.86 7,981 : PAT 21.46 21.81 (1.60%) 25.82 % o Basic

1.60%

PBT 28.47 29.16 (2.38%) 34.68 products in Q3 FY25 — Rs. Tax 7.01 7.36 8.86 7,981 : PAT 21.46 21.81 (1.60%) 25.82 % o Basic EPS in Rs.* 2.63 2.68 (1.87%) 3.17) tein cganaanat? ¥ Vardhman \ FINANGIAL HIGHLIG

25.82 %

47 29.16 (2.38%) 34.68 products in Q3 FY25 — Rs. Tax 7.01 7.36 8.86 7,981 : PAT 21.46 21.81 (1.60%) 25.82 % o Basic EPS in Rs.* 2.63 2.68 (1.87%) 3.17) tein cganaanat? ¥ Vardhman \ FINANGIAL HIGHLIGHTS SM FY

1.87%

Y25 — Rs. Tax 7.01 7.36 8.86 7,981 : PAT 21.46 21.81 (1.60%) 25.82 % o Basic EPS in Rs.* 2.63 2.68 (1.87%) 3.17) tein cganaanat? ¥ Vardhman \ FINANGIAL HIGHLIGHTS SM FY25 linncoe | omens | ome | voir | *Is

9.36%

previous periods accordingly in accordance with Ind AS 33 Revenue From Operations 1,336.37 1,221.94 9.36% Other Income 21.93 21.12 Volumes for 9M FY25 stood at * Total Income 1,358.30 1,243.06 1,66,162 ton