Vardhman Special Steels Share Price Gains Over 8% on Q4 FY26 Earnings Results: Net Profit up 72.2% YoY

Vardhman Special Steels Limited experienced an 8% increase in its share price following the release of its Q4 FY26 earnings results. The company reported significant growth in both income and net profit, capturing the attention of investors. 

Vardhman Special Steels Q4 FY26 Financial Performance 

For the quarter ending March 31, 2026, Vardhman Special Steels reported a total income of ₹468.37 crore. This represents a 7.6% increase compared to ₹435.22 crore in the same quarter of the previous year.  

Sequentially, the income rose by 5.6% from ₹443.72 crore in the December 2025 quarter. 

The company's net profit for the March 2026 quarter stood at ₹33.98 crore, marking a 72.2% year-on-year growth from ₹19.73 crore.  

On a quarter-on-quarter basis, the profit increased by 1.2% from ₹33.59 crore in the December 2025 quarter. 

Annual Performance for FY26 

For the full financial year 2026, Vardhman Special Steels recorded a total income of ₹1,796.78 crore, a slight rise of 0.2% from ₹1,793.52 crore in the previous year.  

The net profit for FY26 reached ₹122.02 crore, reflecting a 31.1% increase from ₹93.09 crore in FY25. 

Read More: RBL Bank Q4 FY26 Results: Net Profit Jumps 234% YoY to ₹230 Crore; NII Rises 7%! 

Vardhman Special Steels Share Price Performance 

As of April 28, 2026, at 1:31 PM, Vardhman Special Steels share price on NSE was trading at ₹296.87 up by 8.76% from the previous closing price. 

Conclusion 

Vardhman Special Steels' Q4 FY26 earnings report highlighted notable growth in both quarterly and annual profits. The company's share price responded positively, reflecting investor confidence in its financial performance. 

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