Varvee Global Reports Positive Q3FY26 Growth: Triple-Digit Revenue Gains and ~85% 9M Gross Margins

Varvee Global Limited (VGL) has announced its financial results for the quarter (Q3 FY26) and nine months ended December 31, 2025 (9M FY26), marking a strategic inflection point with a high-velocity growth phase, characterized by sector-leading margins and a fortified capital structure. The results highlight a significant 9M EBITDA turnaround, reaching INR 1,125.49 lakh compared to a loss of 3,820.25 lakh in the prior-year period. VGL's shift toward value-added Non-Denim Shirtings and Suitings is now reflected in its 9M Gross Margin of 84.49%, a turnaround from a negative margin last year. The company has achieved a 71.67% surge in 9M PAT to INR 74,104.10 lakh and reduced employee expenses by 48.69% YoY. Institutional milestones include an 'IND BB/Positive' issuer rating from India Ratings and Research and a 50% increase in production capacity for Non-Denim fabrics.