Varyaa Creations FY26 net profit rises 23.4% to ₹51.90 lakh
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?






























