VARROC

** Auto parts maker Varroc Engineering's VARE.NS shares slide 9.3% to 493 rupees, the lowest since Nov. 21, 2024

** Co reports Q3 net loss of 474.3 mln rupees ($5.41 million) from a year-ago profit of 3.83 bln rupees

** Earnings impacted by a one-off loss, including a 796.5 million rupees write-down of asset value following an arbitration ruling

** Co's year-ago period profit was also propped up by a net tax gain of 3.13 billion rupees

** Over 905,000 shares traded, over 2.5x their 30-day avg

** Stock rose 6% in 2024

($1 = 87.6000 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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Jan 10 (Reuters) - Varroc Engineering Ltd VARE.NS:

• VARROC ENGINEERING - NCLT APPROVES AMALGAMATION OF VARROC POLYMERS WITH CO

Source text: ID:nBSE24Xm66

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Nov 13 (Reuters) - Varroc Engineering Ltd VARE.NS:

• VARROC ENGINEERING LTD SEPT-QUARTER CONSOL NET PROFIT 556.8 MILLION RUPEES

• VARROC ENGINEERING LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 20.81 BILLION RUPEES

Source text: ID:nBSE5nnCbL

Further company coverage: VARE.NS

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Aug 7 (Reuters) - Varroc Engineering Ltd VARE.NS:

• VARROC ENGINEERING JUNE-QUARTER CONSOL NET PROFIT 324.1 MILLION RUPEES

• VARROC ENGINEERING JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 18.99 BILLION RUPEES

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May 17 (Reuters) - Varroc Engineering Ltd VARE.NS:

• VARROC ENGINEERING LTD MARCH-QUARTER CONSOL NET PROFIT 568.6 MILLION RUPEES VERSUS 396.2 MILLION RUPEES

• VARROC ENGINEERING LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 19.75 BILLION RUPEES VERSUS 16.99 BILLION RUPEES

Source text for Eikon: ID:nBSE1pry9x

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Nov 20 (Reuters) -

• SCHEMES OF HDFC MUTUAL FUND CUT STAKE IN VARROC ENGINEERING TO 3.11% FROM 5.11% - EXCHANGE FILING

Source text for Eikon: ID:nBSE9TxtYZ

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Nov 7 (Reuters) - Varroc Engineering Ltd VARE.NS:

• SEPT-QUARTER CONSOL NET PROFIT 542.3 MILLION RUPEES VERSUS LOSS 7.95 BILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 18.87 BILLION RUPEES VERSUS 18.34 BILLION RUPEES

Further company coverage: VARE.NS

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Oct 3 (Reuters) - Varroc Engineering Ltd VARE.NS:

• VARROC ENGINEERING LTD - UNIT ENTERED INTO POWER PURCHASE AGREEMENT WITH AMP ENERGY C&I SIX AND AMP ENERGY C&I FIVE

• VARROC ENGINEERING LTD - PPA FOR ESTABLISHING RENEWABLE POWER PLANTS IN KARNATAKA, TAMIL NADU

• VARROC ENGINEERING LTD - UNIT IN PROCESS OF ACQUIRING 1% AND 3% STAKE IN SAID SPVS

Source text for Eikon: ID:nBSE2ZYnrJ

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** Shares of auto parts maker Varroc Engineering VARE.NS rise as much as 8.03% to 451.95 rupees, logging sharpest intraday pct gain in four weeks

** VARE hits highest level since May 2, 2022

** VARE says said co, units enter power purchase agreement to buy 26% stake in special purpose vehicles

** More than 784,000 shares change hands by 10:38 a.m. IST, 1.2X the 30-day avg

** Stock up ~41% this year, as of last close

(Reporting by Anisha Ajith in Bengaluru)

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Sept 6 (Reuters) - Varroc Engineering Ltd VARE.NS:

• INVESTMENT IN RENEWABLE ENERGY PROJECTS

• INVESTMENT IN EQUITY OF SPVS FOR 131.1 MILLION RUPEES FOR 26% STAKE IN THE SPVS

Source text for Eikon: ID:nBSE7C9hZz

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** Shares of auto components maker Varroc Engineering VARE.NS rise as much as 14.3% to 391.8 rupees, highest since Sept. 22, 2022

** Stock logs largest intraday pct climb since April 29, 2022

** Co on Wednesday reported June-quarter profit of 322.6 mln rupees ($3.9 mln) from loss of 848.4 mln rupees year ago

** Revenue growth of 10.1% to 17.92 bln rupees outweighed 7.3% rise in expenses

** Loss from discontinued operations was 209.2 mln rupees compared to loss 802.7 mln rupees year earlier

** Over 808,000 shares change hands as of 9:23 a.m. IST, 3.4X the 30-day moving average

** Stock up 15.5% YTD as of last close

($1 = 82.8120 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

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Aug 9 (Reuters) - Varroc Engineering Ltd VARE.NS:

• INDIA'S VARROC ENGINEERING JUNE-QUARTER CONSOL NET PROFIT 322.6 MILLION RUPEES VERSUS LOSS 848.4 MILLION RUPEES

• VARROC ENGINEERING JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 17.92 BILLION RUPEES VERSUS 16.28 BILLION RUPEES

Source text for Eikon: ID:nBSE64GVwh

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** Shares of Varroc Engineering Ltd VARE.NS up as much as 10.7% at 327.30 rupees, their biggest intra day pct gain since June 24

** Stock at highest level since Oct. 10,

** Auto components maker swings to profit in March qtr from a loss a year earlier

** Co's revenue from ops rises marginally

** Over 1.4 mln shares change hands by 03:02 p.m. IST, 7.9x the 30-day moving avg

** Nine of the 11 analysts covering the stock have a "buy" or "strong buy" rating, while two rate it at "sell" or "strong sell;" median PT is 351 rupees - Refinitiv data

** As of last close, stock down 0.4% so far this year

($1 = 81.7800 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru)

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May 15 (Reuters) - Varroc Engineering Ltd VARE.NS:

• TO CONSIDER RAISING OF FUNDS

• TO CONSIDER FUND RAISE BY ISSUANCE OF NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS

Source text for Eikon: ID:nBSE7cW1vC

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April 28 (Reuters) - Varroc Engineering Ltd VARE.NS:

• ACQUIRED ADDITIONAL 21% STAKE IN ITS UNIT CARIQ TECHNOLOGIES

• CO'S STAKE IN UNIT INCREASED FROM 74% TO 95%

Source text for Eikon: ID:nBSE503vQL

Further company coverage: VARE.NS

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