
Quarterly Result27 May 2026, 09:21 pm
Varvee Global FY26 Revenue Up 47.9%, EBITDA Turnaround
AI Summary
Varvee Global Ltd (VGL) reported strong FY26 results, with a 47.9% YoY increase in Revenue from Operations to ₹6,279.95 lakh. The company achieved a full-year EBITDA turnaround, improving by ₹9,526.62 lakh YoY to ₹536.57 lakh. Gross Margin expanded by 168.4 percentage points to 65.1%. Borrowings were reduced by approximately 97% YoY. Profit Before Tax remained positive at ₹1,840.33 lakh. The company's focus on value-added non-denim shirtings and suitings contributed to the improved performance.
Key Highlights
- FY26 Revenue from Operations increased by 47.9% YoY to ₹6,279.95 lakh.
- FY26 EBITDA improved by ₹9,526.62 lakh YoY to ₹536.57 lakh.
- Gross Margin expanded by 168.4 percentage points to 65.1% in FY26.
- Borrowings reduced by approximately 97% YoY to ₹287.67 lakh.
- FY26 Profit Before Tax remained positive at ₹1,840.33 lakh.
Price Impact
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