Q2 profit jumps to Rs 6.78 crore, but half-year earnings fall sharply
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On the reaction day the stock moved 8.1 pts less than Nifty Microcap 250 and 8.3 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Varvee Global reported Rs 6.78 crore net profit for the quarter ended September 30, 2026, versus a Rs 6.56 crore loss in the June quarter. Total income rose to Rs 27.68 crore from Rs 8.88 crore but remained below Rs 34.32 crore a year earlier. For April to September, income was Rs 36.56 crore and profit only Rs 23.18 lakh, compared with Rs 40.59 crore and Rs 35.69 crore last year.
The quarter shows a sharp recovery, but the very small half-year profit and lower annual earnings indicate weak overall performance.