Varroc Engineering Ltd

Varroc Engineering Secures Major EV Charger Contract with Global OEM ⚡🔌

• Won strategic contract to supply AC-bi-directional wall chargers to a leading global electric vehicle OEM

• Contract spans six years with estimated annual business value of ₹4,391 million (approx. USD 48 million) at peak capacity

• Chargers will be Energy Star-compliant, offering high stability, advanced safety, and seamless EV charging performance

• Production will take place at Varroc's facility in Romania

• This win strengthens Varroc's position in the global passenger vehicle electronics market and supports its growth in e-mobility solutions

• FY25 group income of ₹81,718 million

• New contract adds potential annual revenue of ₹4,391 million (approx. 5.4% of current group income)