Vardhman Special Steels posts 52% rise in Q2FY27 net profit, lifts capex plan

Vardhman Special Steels reported a 39% increase in revenue to ₹600.1 crore. Its EBITDA margin widened to 11.5%. The company raised capital expenditure for its new steel plant to more than ₹2,000 crore. It also plans to raise funds through a rights issue.