Headline: Vardhman Special Steels Limited Reports Strong H1 FY26 Results

Vardhman Special Steels Limited (BSE: 534392, NSE: VSSL), a key player in the Indian special steel industry, has released its financial results for the second quarter and half-year ending September 30, 2025. The company, known for its commitment to excellence since 1965, continues to cater to diverse sectors including automotive and engineering.

For H1 FY26, Vardhman recorded total sales volumes of 111,109 MT, with revenues from operations reaching ₹865.97 crore. Despite a year-on-year decline of 4.8% in revenue primarily due to lower realisations, the company’s EBITDA for the half-year stood at ₹95.81 crore, reflecting a slight decrease of 0.7%. The profit after tax (PAT) increased to ₹54.46 crore, a 4.93% rise compared to the previous year.

In Q2 FY26, the company achieved revenues of ₹432.27 crore, down 12.64% from the same quarter last year, yet EBITDA increased by 16.58% to ₹56.48 crore, driven by reduced raw material costs and higher other income. The PAT for the quarter soared by 33.86% to ₹34.56 crore.

Vice Chairman & Managing Director Sachit Jain highlighted the company's strong performance, noting a debt-free balance sheet following the repayment of borrowings. The commercial utilization of new manufacturing technologies has further enhanced productivity, positioning Vardhman for continued growth.

As a pioneer in green steel manufacturing, Vardhman Special Steels remains committed to innovation and quality. For more details, visit [Vardhman Steel](http://www.vardhmansteel.com).

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