VSSL Vardhman Special Steels Q4 FY25 results (Jan–Mar 2025) and concall
Vardhman Special Steels reported a strong FY25 with record sales volume of 215,000 tons and an EBITDA of INR 177 crores. The company increased its dividend to INR 3 and successfully implemented the Kocks block for operational improvements. A significant announcement was the approval of a new INR 2,000 crore greenfield plant in Punjab, focusing on green steel. However, Q4 margins were affected by a plant shutdown, and export targets have been revised downwards.
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What they filed
| Line item | Q3 FY25 | Q4 FY25 |
|---|---|---|
| Revenue | 427 | 428 |
| EBITDA | 35 | 31 |
| Net profit | 21 | 20 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





