We wish to inform you that the Board of Directors of the Company at its meeting held today has: 1. Approved the Audited Financial Statements of the Company for the year ended March 31, ....
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Awaiting price reaction for this filing.
Varun Mercantile Limited reported a net profit after tax of ₹12.47 lakh for FY26, down from ₹13.00 lakh in FY25—a marginal 4% decline. The company has zero revenue from operations, relying entirely on interest income (₹37.85 lakh) from its investments. No dividend was recommended for FY26. The auditor issued an unmodified (clean) opinion, and the audit committee reviewed the results at the board meeting held on May 21, 2026. Total equity stands at ₹551.62 lakh against total assets of ₹552.95 lakh. The company has no debt and minimal liabilities.
The stock is likely a low-activity investment holding company with no operational business. The marginal PAT decline and zero operating revenue are concerning for growth-seeking investors, though the clean audit opinion and debt-free status offer some stability.