Varyaa Creations has scheduled a board meeting for September 2, 2026, to approve the notice for its 21st Annual General Meeting and the Directors' Report for the financial year ended March 31, 2026.

The meeting is set to begin at 3:00 pm at the company's registered office in Mumbai. The agenda includes transacting such other business as may be placed before the board with the permission of the chair.

Board Agenda Details

The board will consider and approve the following specific items during the session:

• Notice convening the 21st Annual General Meeting of the members
• Directors' Report for FY26, along with annexures
• Other business permitted by the chair

The company stated it will make further disclosures as applicable under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pooja Naheta, Managing Director, signed the intimation.

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:

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.