Viram Suvarn FY26 PAT Surges 122% to ₹757.7 Lakhs Post Rights Issue

Viram Suvarn Limited announced its 15th Annual Report for FY 2025-26, highlighting a significant financial turnaround. The company's Profit After Tax (PAT) more than doubled, growing by 122.27% to ₹757.70 Lakhs, up from ₹340.89 Lakhs in the previous fiscal year. This surge was driven by strategic cost optimization and inventory management, which slashed total expenses by 31.34% to ₹1,508.87 Lakhs, despite total revenue stabilizing at ₹2,502.11 Lakhs. A major milestone was the successful Rights Issue, raising ₹3,025.63 Lakhs, strengthening the company's balance sheet and enabling it to operate on a debt-free foundation with negligible finance costs. The company is poised to deploy this capital for market expansion and enhancing its premium product portfolio in the gems and jewelry sector. The 15th Annual General Meeting (AGM) is scheduled for September 28, 2026, with e-voting facilities available.