🔥 Vaswani Industries Posts ₹860 Cr Profit in FY25 — But Wait, Did They Just Burn ₹353 Cr on a Buyback?
Current Price: ₹45.00 | Up 3.90% Today
🧨 At a Glance
Vaswani Industries Limited (NSE: VASWANI) has reported a net profit of ₹860.43 crore in FY25, riding high on strong iron & steel revenues. But the catch? A massive ₹352.95 crore hit from “exceptional items” — including losses from buyback of investments and MAT credit write-offs.
Translation: Profit was strong, but they had to burn a bonfire of cash to get there.
🏭 About Vaswani Industries
Based in Raipur, Chhattisgarh
Diversified across Iron & Steel, Power, and recently listed Agri and Real Estate as micro segments (though negligible in revenue)
One of Central India’s major steel product manufacturers with captive power generation
