Full Year 2021 Varroc Engineering Ltd Earnings Call Transcript

Jun 04, 2021 / 11:30AM GMT
Operator

Ladies and gentlemen, good day, and welcome to the Varroc Engineering Limited Q4 and FY '21 Results Conference Call. (Operator Instructions) Please note this conference is being recorded.

Varroc Engineering Limited's management is being represented by Mr. Tarang Jain, Chairman and Managing Director; along with Mr. Stephane Vedie, President and CEO, VLS business; Mr. 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 & Chairman of the Board

Thank you. Good evening, everyone. I'm Tarang Jain here, and I would like to thank you for joining the Q4 FY '21 earnings call of Varroc Engineering Limited. I will first start with the India business.

The Q4 FY '21 witnessed a robust growth in the two-wheeler and the passenger vehicle volumes in India, held by a lower base due to lockdowns in

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