Varroc Engineering Ltd (BOM:541578)
₹ 518.3 -1.25 (-0.24%) Market Cap: 79.19 Bil Enterprise Value: 88.99 Bil PE Ratio: 14.93 PB Ratio: 4.91 GF Score: 77/100
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Q2 2022 Varroc Engineering Ltd Earnings Call Transcript

Nov 11, 2021 / 10:30AM GMT
Release Date Price: ₹284.85 (-0.54%)
Operator

Ladies and gentlemen, good day, and welcome to Varroc Engineering Limited Q2 FY '22 Results Conference Call. (Operator Instructions) Please note that this conference is being recorded.

Joining us today from Varroc Engineering Limited management is Mr. Tarang Jain, Chairman and Managing Director; along with Christian Päschel, CEO, VLS business; T.R. Srinivasan, Group CFO; Mr. Arjun Jain, President and Head, Electrical and Electronics business; and Mr. Nitin Kalani, Head of Treasury, FP&A and Investor Relations.

I now hand the conference over to Mr. Tarang Jain. Thank you, and over to you, sir.

Tarang Jain
Varroc Engineering Limited - MD & Executive Non-Independent Chairman of the Board

Thank you very much. Good evening, everyone. I am Tarang Jain and I would like to thank you for joining the Q2 FY '22 earnings call of Varroc Engineering Limited.

I will start with the India business. The Indian 2-wheeler industry volumes in -- were weaker, even lower than the subdued Q2 FY '21 amid the COVID first wave. The 2-wheeler

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