Vardhman Special Steels reported FY26 PAT of ₹122.02 crore, up 31.08% YoY, with revenue at ₹1,754.43 crore.
The Board recommended a dividend of ₹3.50 per share and highlighted becoming debt-free early in FY26.
Operational milestones included commissioning a solar plant, new furnace raising capacity to 270,000 tonnes, and a strategic partnership with Aichi Steel.
The company outlined a ₹475 crore forging facility investment and plans for a new 500,000 MT Greenfield plant by FY30.