{"id":328379,"date":"2026-10-27T13:20:28","date_gmt":"2026-10-27T07:50:28","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/"},"modified":"2026-10-27T13:20:28","modified_gmt":"2026-10-27T07:50:28","slug":"vardhman-special-steels-q2-results-fy27-pat-52-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/","title":{"rendered":"Vardhman Special Steels Q2 Results FY27: PAT Rises 51.88% to Rs 52.49 Cr, Revenue Rs 600.05 Cr"},"content":{"rendered":"<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Vardhman Special Steels Q2 Results FY27 were declared on 27 October 2026 for the July to September 2026 quarter. Vardhman Special Steels reported standalone revenue of Rs 600.05 Cr, up 38.81% YoY, and net profit of Rs 52.49 Cr, up 51.88% YoY. These quarterly results also show Operating Profit of Rs 69.12 Cr, up 52.72% from Rs 45.26 Cr a year earlier.<\/p>\n<\/div>\n<p><a href=\"https:\/\/univest.in\/stocks\/vssl\/vardhman-special-steels-ltd-share-price-today\">Vardhman Special Steels Ltd<\/a> (VSSL) Q2 Results FY27 announced on 27 October 2026, covering the company&#8217;s financial performance for the July to September quarter. The results date brought revenue of Rs 600.05 Cr against Rs 432.27 Cr a year earlier, and PAT of Rs 52.49 Cr against Rs 34.56 Cr. Vardhman Special Steels Q2 Results FY27 are standalone results, so the figures cover the company on its own.<\/p>\n<p>This Vardhman Special Steels Q2 Results analysis walks through the financial highlights, business drivers, FY27 outlook and risks. Readers who track quarterly numbers on the Univest Screener can read this results analysis beside the table, and the Financial Highlights put each figure next to the year-ago quarter.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=quarterly_results\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#Vardhman_Special_Steels_Q2_Results_FY27_Financial_Highlights\" title=\"Vardhman Special Steels Q2 Results FY27: Financial Highlights\">Vardhman Special Steels Q2 Results FY27: Financial Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#Key_Takeaways_from_Vardhman_Special_Steels_Q2_Results_What_Stands_Out\" title=\"Key Takeaways from Vardhman Special Steels Q2 Results: What Stands Out\">Key Takeaways from Vardhman Special Steels Q2 Results: What Stands Out<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#Vardhman_Special_Steels_Q2_Results_FY27_Performance_Analysis\" title=\"Vardhman Special Steels Q2 Results FY27: Performance Analysis\">Vardhman Special Steels Q2 Results FY27: Performance Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#Key_Business_Factors_This_Quarter\" title=\"Key Business Factors This Quarter\">Key Business Factors This Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#FY27_Outlook_After_Vardhman_Special_Steels_Q2_Results\" title=\"FY27 Outlook After Vardhman Special Steels Q2 Results\">FY27 Outlook After Vardhman Special Steels Q2 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#Key_Risks_to_Watch_After_Vardhman_Special_Steels_Q2_Results_FY27\" title=\"Key Risks to Watch After Vardhman Special Steels Q2 Results FY27\">Key Risks to Watch After Vardhman Special Steels Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#Return_on_Equity_Decline\" title=\"Return on Equity Decline\">Return on Equity Decline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#Return_on_Capital_Employed_Decline\" title=\"Return on Capital Employed Decline\">Return on Capital Employed Decline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#Return_on_Equity_Below_15\" title=\"Return on Equity Below 15%\">Return on Equity Below 15%<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#Frequently_Asked_Questions_on_Vardhman_Special_Steels_Q2_Results_FY27\" title=\"Frequently Asked Questions on Vardhman Special Steels Q2 Results FY27\">Frequently Asked Questions on Vardhman Special Steels Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#What_are_Vardhman_Special_Steels_Q2_Results_FY27\" title=\"What are Vardhman Special Steels Q2 Results FY27?\">What are Vardhman Special Steels Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#What_is_the_results_date_for_Vardhman_Special_Steels_Q2_Results_FY27\" title=\"What is the results date for Vardhman Special Steels Q2 Results FY27?\">What is the results date for Vardhman Special Steels Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#What_revenue_was_reported_in_Vardhman_Special_Steels_Q2_Results_FY27\" title=\"What revenue was reported in Vardhman Special Steels Q2 Results FY27?\">What revenue was reported in Vardhman Special Steels Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#What_net_profit_was_reported_in_Vardhman_Special_Steels_Q2_Results_FY27\" title=\"What net profit was reported in Vardhman Special Steels Q2 Results FY27?\">What net profit was reported in Vardhman Special Steels Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#How_much_YoY_growth_did_revenue_show_in_Vardhman_Special_Steels_Q2_Results_FY27\" title=\"How much YoY growth did revenue show in Vardhman Special Steels Q2 Results FY27?\">How much YoY growth did revenue show in Vardhman Special Steels Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#Did_net_profit_rise_or_fall_in_Vardhman_Special_Steels_Q2_Results\" title=\"Did net profit rise or fall in Vardhman Special Steels Q2 Results?\">Did net profit rise or fall in Vardhman Special Steels Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#What_was_the_Operating_Profit_in_Vardhman_Special_Steels_Q2_Results_FY27\" title=\"What was the Operating Profit in Vardhman Special Steels Q2 Results FY27?\">What was the Operating Profit in Vardhman Special Steels Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#Are_Vardhman_Special_Steels_Q2_Results_consolidated_results_or_standalone_results\" title=\"Are Vardhman Special Steels Q2 Results consolidated results or standalone results?\">Are Vardhman Special Steels Q2 Results consolidated results or standalone results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#What_business_factors_shaped_Vardhman_Special_Steels_Q2_Results_FY27\" title=\"What business factors shaped Vardhman Special Steels Q2 Results FY27?\">What business factors shaped Vardhman Special Steels Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#What_are_the_key_risks_after_Vardhman_Special_Steels_Q2_Results_FY27\" title=\"What are the key risks after Vardhman Special Steels Q2 Results FY27?\">What are the key risks after Vardhman Special Steels Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#What_is_the_outlook_after_Vardhman_Special_Steels_Q2_Results\" title=\"What is the outlook after Vardhman Special Steels Q2 Results?\">What is the outlook after Vardhman Special Steels Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/vardhman-special-steels-q2-results-fy27-pat-52-crore\/#Where_can_I_find_the_complete_Vardhman_Special_Steels_Q2_Results_FY27_data\" title=\"Where can I find the complete Vardhman Special Steels Q2 Results FY27 data?\">Where can I find the complete Vardhman Special Steels Q2 Results FY27 data?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Vardhman_Special_Steels_Q2_Results_FY27_Financial_Highlights\"><\/span><strong>Vardhman Special Steels Q2 Results FY27: Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Metric<\/th>\n<th>Q2 FY27 (Sep 26)<\/th>\n<th>Q2 FY26 (Sep 25)<\/th>\n<th>YoY Change<\/th>\n<\/tr>\n<tr>\n<td><strong>Revenue<\/strong><\/td>\n<td>Rs 600.05 Cr<\/td>\n<td>Rs 432.27 Cr<\/td>\n<td>+38.81% YoY<\/td>\n<\/tr>\n<tr>\n<td><strong>Operating Profit<\/strong><\/td>\n<td>Rs 69.12 Cr<\/td>\n<td>Rs 45.26 Cr<\/td>\n<td>+52.72% YoY<\/td>\n<\/tr>\n<tr>\n<td><strong>Net Profit (PAT)<\/strong><\/td>\n<td>Rs 52.49 Cr<\/td>\n<td>Rs 34.56 Cr<\/td>\n<td>+51.88% YoY<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: company filing for Vardhman Special Steels Q2 Results FY27, 27 October 2026. Figures in Rs Crore, Standalone basis.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_Vardhman_Special_Steels_Q2_Results_What_Stands_Out\"><\/span><strong>Key Takeaways from Vardhman Special Steels Q2 Results: What Stands Out<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Revenue:<\/strong> Standalone revenue grew 38.81% YoY to Rs 600.05 Cr, up from Rs 432.27 Cr in the quarter a year earlier.<\/li>\n<li><strong>Net profit:<\/strong> Net profit increased 51.88% YoY to Rs 52.49 Cr from Rs 34.56 Cr, a YoY growth rate ahead of the revenue rate.<\/li>\n<li><strong>Operating Profit:<\/strong> Operating Profit stood at Rs 69.12 Cr against Rs 45.26 Cr, a rise of 52.72% that Vardhman Special Steels Q2 Results FY27 record.<\/li>\n<li><strong>Returns:<\/strong> Return on capital employed was 15.38% in FY26, while return on equity was 11.78% in FY26.<\/li>\n<li><strong>Risk headline:<\/strong> Return on equity declined to 11.78% in FY26 from 12.30% in FY25, and the performance analysis below sets the quarter beside it.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Vardhman_Special_Steels_Q2_Results_FY27_Performance_Analysis\"><\/span><strong>Vardhman Special Steels Q2 Results FY27: Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Vardhman Special Steels Q2 Results FY27 show net profit of Rs 52.49 Cr, up 51.88% YoY, on standalone revenue of Rs 600.05 Cr, up 38.81% YoY. Both lines grew, with profit rising faster than revenue across these quarterly results.<\/p>\n<p>Vardhman Special Steels Q2 Results FY27 also give Operating Profit of Rs 69.12 Cr, up 52.72% from Rs 45.26 Cr. Net profit of Rs 52.49 Cr compares with Rs 34.56 Cr, so each profit line moved up by more than the revenue line did.<\/p>\n<p>Vardhman Special Steels Q2 Results leave investors with three figures to track in later disclosures: revenue against Rs 432.27 Cr, Operating Profit against Rs 45.26 Cr and net profit against Rs 34.56 Cr. Following YoY growth in these lines on the Univest Screener keeps the comparison steady. The business factors behind these quarterly results come next.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live results data<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Business_Factors_This_Quarter\"><\/span><strong>Key Business Factors This Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Revenue Growth<\/strong> &#8211; The business factors for these quarterly results start with the top line, where revenue grew 38.8% YoY to Rs 600.05 Cr in the latest quarter. This is the base on which the profit lines are read.<\/p>\n<p><strong>Net Profit Growth<\/strong> &#8211; Net profit rose 51.9% YoY to Rs 52.49 Cr. In Vardhman Special Steels Q2 Results FY27, this is the second business factor and it sits alongside the Operating Profit of Rs 69.12 Cr.<\/p>\n<p><strong>Capital Returns<\/strong> &#8211; Return on capital employed was 15.38% in FY26. This full-year ratio gives context to the quarterly profit figures and sets the context for the FY27 outlook.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FY27_Outlook_After_Vardhman_Special_Steels_Q2_Results\"><\/span><strong>FY27 Outlook After Vardhman Special Steels Q2 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The FY27 outlook for Vardhman Special Steels will depend on the quarters that follow, because one set of quarterly numbers covers only July to September 2026. Revenue of Rs 600.05 Cr, Operating Profit of Rs 69.12 Cr and net profit of Rs 52.49 Cr form the base that later disclosures will be read against.<\/p>\n<p>The results analysis for Vardhman Special Steels Q2 Results FY27 rests on the reported figures. Net profit growth of 51.88% YoY and revenue growth of 38.81% YoY are the readings each new quarter will be compared with, and the risks that sit beside them come next.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Watch_After_Vardhman_Special_Steels_Q2_Results_FY27\"><\/span><strong>Key Risks to Watch After Vardhman Special Steels Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Return_on_Equity_Decline\"><\/span><strong>Return on Equity Decline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Return on equity declined to 11.78% in FY26 from 12.30% in FY25. For Vardhman Special Steels Q2 Results FY27, this full-year reading sits beside the strong quarterly YoY growth, so investors can follow both together.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Return_on_Capital_Employed_Decline\"><\/span><strong>Return on Capital Employed Decline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Return on capital employed declined to 15.38% in FY26 from 16.71% in FY25. Investors can watch whether later disclosures show this ratio moving back up as net profit grows.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Return_on_Equity_Below_15\"><\/span><strong>Return on Equity Below 15%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Return on equity of 11.78% in FY26 is below 15%. This is a full-year figure for the company, and it frames how investors read the quarter. The conclusion brings these standalone results together.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track quarterly results as they are declared.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Vardhman Special Steels Q2 Results FY27 show standalone revenue of Rs 600.05 Cr, up 38.81% YoY, and net profit of Rs 52.49 Cr, up 51.88% YoY. These quarterly results put growth in revenue, Operating Profit and net profit side by side. Readers can follow Vardhman Special Steels Q2 Results on the Univest app and should consult a SEBI-registered advisor before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice. Research Analyst: Uniresearch Global Pvt. Ltd., SEBI Registration No. INH000013776.<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Vardhman_Special_Steels_Q2_Results_FY27\"><\/span><strong>Frequently Asked Questions on Vardhman Special Steels Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Vardhman_Special_Steels_Q2_Results_FY27\"><\/span><strong>What are Vardhman Special Steels Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Vardhman Special Steels Q2 Results FY27 are the standalone quarterly results declared on 27 October 2026 for July to September 2026. Alongside this, the Performance Analysis section covers revenue, Operating Profit and net profit in full.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_results_date_for_Vardhman_Special_Steels_Q2_Results_FY27\"><\/span><strong>What is the results date for Vardhman Special Steels Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Vardhman Special Steels declared its Q2 FY27 results on 27 October 2026, so the results date covers July to September 2026, which means the Financial Highlights table compares it with the same quarter last year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_revenue_was_reported_in_Vardhman_Special_Steels_Q2_Results_FY27\"><\/span><strong>What revenue was reported in Vardhman Special Steels Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Vardhman Special Steels reported standalone revenue of Rs 600.05 Cr in Q2 FY27, compared with Rs 432.27 Cr a year earlier, as the Performance Analysis section sets out in its opening paragraph.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_net_profit_was_reported_in_Vardhman_Special_Steels_Q2_Results_FY27\"><\/span><strong>What net profit was reported in Vardhman Special Steels Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Vardhman Special Steels reported net profit of Rs 52.49 Cr in Q2 FY27 against Rs 34.56 Cr a year earlier, so the Key Takeaways section lists it as the main profit figure of the quarter.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_YoY_growth_did_revenue_show_in_Vardhman_Special_Steels_Q2_Results_FY27\"><\/span><strong>How much YoY growth did revenue show in Vardhman Special Steels Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue showed YoY growth of 38.81% in Vardhman Special Steels Q2 Results FY27, rising from Rs 432.27 Cr to Rs 600.05 Cr, while net profit grew faster at 51.88%, as the Performance Analysis section explains.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_net_profit_rise_or_fall_in_Vardhman_Special_Steels_Q2_Results\"><\/span><strong>Did net profit rise or fall in Vardhman Special Steels Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Net profit rose in Vardhman Special Steels Q2 Results, up 51.88% YoY to Rs 52.49 Cr, which means profit grew faster than revenue, as the Key Takeaways section shows.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_Operating_Profit_in_Vardhman_Special_Steels_Q2_Results_FY27\"><\/span><strong>What was the Operating Profit in Vardhman Special Steels Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Operating Profit was Rs 69.12 Cr in Vardhman Special Steels Q2 Results FY27, up 52.72% from Rs 45.26 Cr a year earlier, which means it grew in line with net profit, as the Performance Analysis section describes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_Vardhman_Special_Steels_Q2_Results_consolidated_results_or_standalone_results\"><\/span><strong>Are Vardhman Special Steels Q2 Results consolidated results or standalone results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Vardhman Special Steels Q2 Results are standalone results, so the Rs 600.05 Cr revenue and Rs 52.49 Cr net profit cover the company on its own, as the opening paragraphs of the article state.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_business_factors_shaped_Vardhman_Special_Steels_Q2_Results_FY27\"><\/span><strong>What business factors shaped Vardhman Special Steels Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The business factors listed for Vardhman Special Steels Q2 Results FY27 are revenue growth of 38.8% YoY, net profit growth of 51.9% and return on capital employed of 15.38% in FY26, as the Key Business Factors section explains.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_after_Vardhman_Special_Steels_Q2_Results_FY27\"><\/span><strong>What are the key risks after Vardhman Special Steels Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The key risks after Vardhman Special Steels Q2 Results FY27 are lower return on equity at 11.78%, lower return on capital employed at 15.38% and return on equity below 15%, as the Key Risks section sets out.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_outlook_after_Vardhman_Special_Steels_Q2_Results\"><\/span><strong>What is the outlook after Vardhman Special Steels Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The FY27 outlook depends on later quarters, since Vardhman Special Steels Q2 Results cover only July to September 2026, and the Outlook section frames the reported figures as the base for comparison.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_find_the_complete_Vardhman_Special_Steels_Q2_Results_FY27_data\"><\/span><strong>Where can I find the complete Vardhman Special Steels Q2 Results FY27 data?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The complete data for Vardhman Special Steels Q2 Results FY27 sits in the Financial Highlights table above, which compares revenue and net profit with the same quarter last year, and the Univest Screener helps compare later quarterly results.<\/p>\n<p><script type=\"application\/ld+json\" class=\"faq-schema\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are Vardhman Special Steels Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Vardhman Special Steels Q2 Results FY27 are the standalone quarterly results declared on 27 October 2026 for July to September 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Check YoY growth and quarterly results from the 27 October 2026 filing.\",\"author\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Univest\",\"url\":\"https:\/\/univest.in\"},\"about\":{\"@type\":\"Corporation\",\"name\":\"Vardhman Special Steels Ltd\"}}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vardhman Special Steels Q2 Results FY27: net profit Rs 52.49 Cr, up 51.88% YoY, on revenue of Rs 600.05 Cr, up 38.81%.<\/p>\n","protected":false},"author":29,"featured_media":328378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5331],"tags":[],"class_list":["post-328379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-https-univest-in-blogs-category-results"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["328378"],"rank_math_title":["Vardhman Special Steels Q2 Results FY27: PAT Rs 52.49 Cr, Up 51.88%"],"rank_math_description":["Vardhman Special Steels Q2 Results: Standalone revenue \u20b9600.05 Cr, PAT \u20b952.49 Cr. 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