Announced Fri, 29 May · 21:28 IST

Intimation for Appointment of Internal Auditor for the FY 2026-27.

Auditor Mid Year ChangeRevenue Growth 20pctPat Growth 25pctResults View source PDF

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AI summary

Variman Global Enterprises Ltd held its Board meeting on 29.05.2026 and approved audited standalone and consolidated financial results for Q4 and FY ended 31.03.2026. Standalone revenue grew from Rs 4,866 Lakhs to Rs 10,534.57 Lakhs (approx 117% YoY) and net profit rose from Rs 55.09 Lakhs to Rs 344.42 Lakhs (approx 525% YoY). Consolidated revenue stood at Rs 13,696.90 Lakhs with PAT of Rs 554.47 Lakhs. The statutory auditor M. M. Reddy & Co issued an unmodified/unqualified opinion. The board also appointed M/s ABK & Co (a chartered accountancy firm) as Internal Auditors for FY 2026-27 and Ms. Shalini Joshi as Company Secretary and Compliance Officer. The company operates across IT/ITeS distribution, toy retail, and apparel business segments.

Likely market impact

Strong financial performance with over 100% revenue growth and more than 5x PAT growth on standalone basis. Unqualified audit opinion signals clean financials. Appointment of a new internal auditor for FY 2026-27 may indicate enhanced internal controls or a strategic shift in audit governance.