Varyaa Creations FY26 net profit rises 23.4% to ₹51.90 lakh

1 min read     Updated on 28 May 2026, 02:49 PM
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Varyaa Creations reported a 23.4% rise in FY26 net profit to ₹51.90 lakh, with revenue from operations increasing to ₹3,492.74 lakh. The Board approved the audited standalone financial results on May 27, 2026. Auditors issued an unmodified opinion but emphasized inventory valuation based on a registered valuer's report.

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Varyaa Creations reported a net profit of ₹51.90 lakh for the financial year ended March 31, 2026, representing a 23.4% increase compared to ₹42.06 lakh in the previous year. Revenue from operations for FY26 stood at ₹3,492.74 lakh, up from ₹3,134.33 lakh in FY25. The Board of Directors approved the audited standalone financial results for the year and the fourth quarter on May 27, 2026.

The company’s total income for FY26 rose to ₹3,496.89 lakh from ₹3,134.33 lakh in the prior year. Total expenses increased to ₹3,398.16 lakh from ₹3,046.99 lakh. Profit before tax for the year was ₹98.73 lakh, compared to ₹87.34 lakh in FY25. The basic and diluted earnings per share for FY26 were reported at ₹1.08, up from ₹0.88 in the previous year.

Financial Performance for FY26

The following table outlines the key financial metrics for Varyaa Creations for the year ended March 31, 2026, compared to the previous year:

Particulars Year Ended 31-Mar-2026 (₹ in Lakhs) Year Ended 31-Mar-2025 (₹ in Lakhs)
Revenue from Operations 3,492.74 3,134.33
Total Income 3,496.89 3,134.33
Total Expenses 3,398.16 3,046.99
Profit Before Tax 98.73 87.34
Net Profit 51.90 42.06
Basic EPS (₹) 1.08 0.88

Auditor Observations and Disclosures

M/s. CVB & Associates, Chartered Accountants, the statutory auditors, issued an audit report with an unmodified opinion on the standalone financial results. However, the auditors included an emphasis of matter paragraph regarding the valuation of inventory. The valuation of inventory amounting to 2,345.45 lakhs was based on a report provided by a registered valuer, citing the technical expertise required for valuing gems and jewellery.

Additionally, the auditors noted that balances of trade payables, trade receivables, and advances received are subject to reconciliation and confirmation. The management stated that it is currently in the process of reconciling these balances. The financial results were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Varyaa Creations

1 Day5 Days1 Month6 Months1 Year5 Years
-19.41%-5.97%-4.76%-28.99%-53.77%-89.58%

How will the management address the auditor's emphasis on inventory valuation to ensure long-term asset accuracy?

What is the expected timeline for completing the reconciliation of trade payables and receivables?

Will the company implement new internal controls to prevent future reconciliation discrepancies?

Varyaa Creations Limited Schedules Board Meeting on May 27, 2026 to Approve Q4 and Full-Year FY26 Audited Results

1 min read     Updated on 18 May 2026, 06:59 PM
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Varyaa Creations Limited has informed BSE Limited of a Board of Directors meeting scheduled for May 27, 2026, at 03:00 p.m. in Mumbai, pursuant to Regulation 29 of SEBI (LODR) Regulations, 2015. The meeting will take up the standalone audited financial results for the fourth quarter and year ended March 31, 2026, along with the audit report. The company's trading window has been closed since April 1, 2026, and will remain so until 48 hours after the declaration of the audited results. The intimation was signed by Managing Director Pooja Naheta on May 18, 2026.

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Varyaa Creations Limited has notified BSE Limited of an upcoming Board of Directors meeting, scheduled in compliance with Regulation 29 of the SEBI (Listing Obligation & Disclosure Requirement) Regulations, 2015. The intimation was issued on May 18, 2026, and signed by Managing Director Pooja Naheta.

Board Meeting Details

The meeting of the Board of Directors is set to be convened on Wednesday, May 27, 2026, at 03:00 p.m. at the company's office located at 3rd Plot 5/1721, Kailash Darshan, 11th Floor, Jagannath Shankarseth Marg, Gamdevi Grant Road, Kennedy Bridge, Mumbai – 400007. The key agenda items for the meeting are outlined below:

Parameter: Details
Meeting Date: Wednesday, May 27, 2026
Meeting Time: 03:00 p.m.
Venue: 3rd Plot 5/1721, Kailash Darshan, 11th Floor, Jagannath Shankarseth Marg, Gamdevi Grant Road, Kennedy Bridge, Mumbai – 400007
Agenda: Standalone Audited Financial Results for Q4 and year ended March 31, 2026
Regulatory Compliance: Regulation 29 of SEBI (LODR) Regulations, 2015

Financial Results Under Consideration

The Board will consider, approve, and take on record the standalone audited financial results for the fourth quarter and financial year ended March 31, 2026, along with the audit report and other business matters. This disclosure is part of the company's obligations under the SEBI listing framework.

Trading Window Closure

In a related development, Varyaa Creations had previously intimated the stock exchange vide its letter dated March 30, 2026, regarding the closure of the trading window. The trading window for dealing in the equity shares of the company remains closed from April 1, 2026, and will continue to remain closed until the end of 48 hours after the declaration of the audited financial results for the fourth quarter and financial year ended March 31, 2026. This measure is in accordance with the applicable insider trading regulations.

The intimation was submitted by Pooja Naheta, Managing Director (DIN: 03548285) on behalf of Varyaa Creations Limited, formerly known as Varyaa Creations Private Limited (CIN: U36910MH2005PLC154792).

Historical Stock Returns for Varyaa Creations

1 Day5 Days1 Month6 Months1 Year5 Years
-19.41%-5.97%-4.76%-28.99%-53.77%-89.58%

How might Varyaa Creations' Q4 FY2026 financial results compare to its previous year's performance, and what growth trajectory could investors expect going forward?

Will the Board meeting on May 27 also address any dividend announcements or capital allocation plans for FY2027?

How could the audited financial results impact Varyaa Creations' stock price once the trading window reopens post-declaration?

More News on Varyaa Creations

1 Year Returns:-53.77%