Newspaper Advertisement for financial statement for fourth quarter and year end March 31,2026.
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Varvee Global Ltd (formerly Aarvee Denims and Exports Ltd) published audited standalone financial results for Q4 FY2026 and full year ended March 31, 2026. For the quarter, revenue was ₹2,338.43 Lakhs, up sharply from ₹750.29 Lakhs in the year-ago Q4. However, the company posted a net loss of ₹2,859.19 Lakhs before and after tax, compared to a net loss of ₹887.09 Lakhs in Q4 FY2025. The loss before tax (before exceptional items) was ₹2,263.78 Lakhs. EPS came in at ₹-8.32 per share. For the full year (figures marked unaudited), revenue was ₹6,279.95 Lakhs with net profit after tax of ₹1,244.92 Lakhs and EPS of ₹2.44. The sharp Q4 loss appears to have been driven by exceptional items, significantly reversing the profit trend of the preceding quarters.
The Q4 loss is a major concern, with the company swinging from quarterly profits to a substantial loss. For full-year shareholders, the picture is mixed — annual profit of ₹12.45 Crore on ₹62.80 Crore revenue, but the Q4 loss raises questions about sustainability. The large gap between Q4 pre-tax and post-tax loss suggests exceptional write-downs or provisions.