- Home
- Results news
- Varvee Global
- Q2 FY27 results
Varvee Global Q2 FY27 results: net profit ₹6.79 crore
Varvee Global Limited reported consolidated revenue of ₹19.61 crore and EBITDA of ₹2.85 crore for Q2 FY27, with an EBITDA margin of 14.5%. Net profit was ₹6.79 crore and basic EPS was ₹1.32; the figures are for the July–September 2026 quarter.
Key points
- Consolidated revenue was ₹19.61 crore in Q2 FY27, while other income was ₹8.07 crore and total expenses were ₹17.37 crore.
- EBITDA was ₹2.85 crore in Q2 FY27, with an EBITDA margin of 14.5%.
- Profit before tax was ₹10.30 crore, tax was ₹3.52 crore, and net profit was ₹6.79 crore; basic EPS was ₹1.32.
- As of 30 September 2026, total assets were ₹158.16 crore, total equity was ₹78.87 crore, borrowings were ₹4.08 crore and cash was ₹3.08 crore.
- On the reaction day, the stock fell 10.4%; by the next day's close it was down 3.5% from its pre-results close and by the fifth session it was down 8.8%.
How did Varvee Global perform in Q2 FY27?
Varvee Global reported consolidated revenue of ₹19.61 crore, other income of ₹8.07 crore and total expenses of ₹17.37 crore for the July–September 2026 quarter. EBITDA was ₹2.85 crore, with an EBITDA margin of 14.5%. There was no exceptional item.
Profit before tax was ₹10.30 crore and tax was ₹3.52 crore, resulting in a net profit of ₹6.79 crore. Basic EPS was ₹1.32. On a standalone basis, revenue was ₹19.61 crore and net profit was ₹6.79 crore, with revenue down 29.5% and profit before tax of ₹10.21 crore.
The available information does not provide the year-ago quarter or previous quarter for the consolidated revenue, EBITDA, profit and EPS comparisons. The filing stated that the board approved the unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026.
| ₹ crore | Q2 FY27 |
|---|---|
| Revenue from operations | 19.61 |
| Other income | 8.07 |
| Total expenses | 17.37 |
| EBITDA | 2.85 |
| EBITDA margin | 14.5% |
| Profit before tax | 10.30 |
| Tax | 3.52 |
| Net profit | 6.79 |
| EPS (₹) | 1.32 |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
As of 30 September 2026, the standalone balance sheet showed total assets of ₹158.16 crore, total equity of ₹78.87 crore, borrowings of ₹4.08 crore and cash of ₹3.08 crore. Inventories were ₹19.45 crore, trade receivables ₹16.77 crore and trade payables ₹22.21 crore. A previous balance-sheet date was not provided in the facts.
For H1 FY27, operating cash flow was negative ₹18.33 crore, investing cash flow was ₹16.85 crore and financing cash flow was ₹1.2 crore. Capital expenditure was ₹0.64 crore. The available information does not provide the corresponding year-earlier cash flows.
| ₹ crore | As of 30 September 2026 |
|---|---|
| Total assets | 158.16 |
| Total equity | 78.87 |
| Borrowings | 4.08 |
| Cash and equivalents | 3.08 |
| Inventories | 19.45 |
| Trade receivables | 16.77 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 |
|---|---|
| Cash from operations | −18.33 |
| Cash from investing | 16.85 |
| Cash from financing | 1.20 |
| Capital expenditure | 0.64 |
Source: Company's results filing (XBRL).
Which businesses drove the quarter?
The Textile Division reported revenue of ₹4.53 crore and EBIT of ₹1.92 crore, with an EBIT margin of 42.5%. Trading in Other Commodities reported revenue of ₹11.58 crore and EBIT of ₹0.05 crore, with an EBIT margin of 0.5%.
Others reported revenue of ₹3.50 crore and EBIT of ₹3.33 crore, with an EBIT margin of 95.0%. The available information does not provide the year-ago quarter revenue, EBIT or growth figures for the segments.
| Segment | Revenue | Revenue YoY | EBIT | EBIT margin |
|---|---|---|---|---|
| Textile Division | 4.53 | 1.92 | 42.5% | |
| Trading in Other Commodities | 11.58 | 0.05 | 0.5% | |
| Others | 3.50 | 3.33 | 95.0% |
Source: Company's results filing (XBRL segment data).
What did the auditors point out?
The limited review report for the standalone results stated that nothing had come to the auditors' attention causing them to believe that the statements did not comply with the applicable accounting principles or omitted required disclosures under Regulation 33 of the SEBI listing regulations, or contained a material misstatement. The review was conducted under Standard on Review Engagements 2410.
The auditors drew attention to Note 3 regarding continuity in recognition of MAT credit as at 30 June 2026 and Note 11 regarding temporary rent income booked in addition to the original agreement during the quarter ended 30 September 2026. They stated that they relied upon and accepted management's assumptions and explanations and that their opinion was not modified in respect of these matters.
How did Varvee Global shares react?
The filing appeared after market hours. From the price when it appeared, the stock was up 0.3% after 5 minutes, down 1.8% after 15 minutes and down 2.8% after 30 minutes. On the reaction day, it fell 10.4% from the previous close of ₹58.05 to a base price of ₹56.00.
By the next day's close, the stock was down 3.5% from its pre-results close, and by the fifth session it was down 8.8%. The Other Textile Products industry median was down 2.2% on the reaction day, down 2.0% by the next day's close and down 1.4% by the fifth session.
| After the filing | Stock | Other Textile Products median |
|---|---|---|
| 5 minutes | +0.3% | |
| 15 minutes | −1.8% | |
| 30 minutes | −2.8% | |
| Reaction day | −10.4% | −2.2% |
| Next day | −3.5% | −2.0% |
| 5 days | −8.8% | −1.4% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 12 August 2026 | −2.4% |
| 27 May 2026 | −4.5% |
| 13 February 2026 | −3.2% |
| 12 November 2025 | −0.3% |
| 14 August 2025 | −2.6% |
| 27 May 2025 | −0.4% |
| 30 January 2025 | +0.6% |
| 14 November 2024 | +2.0% |
Source: MarketPing price-reaction measurement.
How did other Other Textile Products companies do?
The peer set comprised 62 Other Textile Products companies with filed results for the quarter. Their median revenue growth was 23.2%, and 44 of the 65 companies for which profit was compared reported higher profit.
The available peer data did not provide the number of peers whose revenue grew slower than Varvee Global or faster than Varvee Global.
| Varvee Global revenue growth (YoY) | not comparable |
|---|---|
| Median of 62 other Other Textile Products companies | +23.2% |
| Companies whose net profit rose | 44 of 65 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Varvee Global's revenue in Q2 FY27?
Revenue from operations was ₹19.61 crore (consolidated).
Did Varvee Global make a profit in Q2 FY27?
Yes. Net profit was ₹6.79 crore.
What was Varvee Global's EPS in Q2 FY27?
Basic earnings per share were ₹1.32.
How did Varvee Global shares react to the Q2 FY27 results?
On the reaction day the stock moved −10.4% from the previous close; the median Other Textile Products stock moved −2.2%.
When did Varvee Global announce its Q2 FY27 results?
On 22 October 2026, in a filing to the NSE.
Sources
- Board Meeting Intimation for To Consider And Approve The Financial Results For The Period Ended September 30, 2026 And Any Other Business Matters (BSE, 16 October 2026) · PDF
- Outcome of Board Meeting (NSE, 22 October 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
This is information, not investment advice. MarketPing does not recommend buying or selling any security.