Demand for EVs and PVs drive new business for Varroc, posts net profit of Rs 38 crore for FY2023
Tier 1 supplier Varroc Engineering has announced its financial results for Q4 FY2023 and FY2023. The company reported revenue of Rs 1,690 crore in Q4 FY2023, up 2.3 percent YoY, EBITDA margins of 9.5 percent and net profit of Rs 40 crore,…