VGL

- Q1 FY27 Standalone Revenue from Operations ₹825.67 Lakhs vs ₹(55.20) Lakhs (Significant increase from a negative base YoY) - EBITDA ₹(686.73) Lakhs vs ₹(11.63) Lakhs (Significant deterioration YoY) - PAT ₹(655.73) Lakhs vs ₹2,548.08 Lakhs (Shifted from profit to loss YoY) - EBITDA Margin -77.28% vs -1.85% (Significant contraction of 7543 bps YoY) - Ms. Pooja Hemang Khakhi appointed as Company Secretary and Compliance Officer, effective August 12, 2026. - During the quarter, the company was not engaged in production of finished goods, focusing on job work, trading of goods, and leasing arrangements.

- Q1 FY27 Standalone Revenue from Operations ₹8.26 Cr vs (₹0.55 Cr) - EBITDA (₹6.87 Cr) vs (₹0.12 Cr) - PAT (₹6.56 Cr) vs ₹25.48 Cr (▼125.75% YoY) - EBITDA Margin (using Total Income) -77.28% vs -1.91% (▼7537bps)

- Q1 FY27 Standalone Total Income ₹8.89 Cr vs ₹6.27 Cr (▲41.66% YoY) - EBITDA ₹(6.87) Cr vs ₹(0.12) Cr (deteriorated from a small loss to a significant loss YoY) - PAT ₹(6.56) Cr vs ₹25.48 Cr (moved from profit to significant loss YoY) - EBITDA Margin -77.28% vs -1.85% (▼7543bps contraction YoY) - The company's operations for the quarter ended June 30, 2026, involve no production of finished goods, focusing instead on job work, trading of goods, and leasing arrangements. - The Board approved the appointment of Ms. Pooja Hemang Khakhi as Company Secretary and Compliance Officer, effective August 12, 2026.

- Q1 FY27 Standalone Operating Revenue ₹825.67 Lakhs vs ₹(55.20) Lakhs in Q1 FY26 (Turned positive from negative). - Standalone EBITDA ₹(686.73) Lakhs vs ₹(11.63) Lakhs in Q1 FY26 (Loss widened significantly). - Standalone PAT ₹(655.73) Lakhs vs ₹2,548.08 Lakhs in Q1 FY26 (Shifted from profit to loss, ▼125.73% YoY). - EBITDA Margin contracted from -1.85% to -77.28% (based on Total Income for comparative purposes). - The Board approved the appointment of Ms. Pooja Hemang Khakhi as Company Secretary and Compliance Officer (KMP) effective August 12, 2026.

- Board of Directors meeting held on July 29, 2026. - Mr. Jaimin Gupta appointed as Chief Financial Officer (CFO) effective July 29, 2026. - Mrs. Abira Mansuri resigned from the post of Company Secretary, Compliance Officer, and Nodal Officer, effective close of business hours on July 29, 2026.

- Board of Directors met on July 29, 2026. - Appointed Mr. Jaimin Gupta as the Chief Financial Officer (CFO) with effect from July 29, 2026. - Mrs. Abira Mansuri resigned from the post of Company Secretary, Compliance Officer, and Nodal Officer, effective from close of business hours on July 29, 2026, to pursue an alternate career opportunity.

- Varvee Global Limited incorporated a wholly-owned subsidiary, Varvee Energy Private Limited, on July 07, 2026. - The new subsidiary will operate in the renewable energy sector. - Varvee Global Limited holds 100% of the paid-up share capital, which is ₹10,00,000/-.

- Trading Window to remain closed from July 01, 2026. - Closure is until 48 hours after the declaration of financial results for Q1 ended June 30, 2026. - Board Meeting date for Q1 results will be intimated in due course.

- Order Win: Varvee Global Limited won order from Meet Synthetics Private Limited for supply of 9 lakh meters of suiting fabrics. - Order Value: ₹12.08 Crores. - Completion Timeline: 3 Months.

- Order Win: Varvee Global Limited secured a significant purchase order. - Order Value: ₹120.8 million for the supply of approximately 9 lakh meters of suiting fabrics. - Completion Timeline: Scheduled for execution over the next three months.

Varvee Global Limited (VGL) reported strong FY26 year-end results, with Revenue from Operations up 47.9% YoY and Gross Margin improving by 168.4 ppts to 65.1%. The company achieved bank debt-free status as of June 3, 2025, with borrowings reduced by approximately 97% YoY in FY26, leading to zero interest costs and low depreciation. A new management team led by Jaimin Kailash Gupta (CMD) took control, driving a successful financial and operational turnaround. India Ratings and Research assigned an 'IND BB/Positive' issuer rating. VGL increased non-denim fabric production capacity by 50% from 12 lakh to 18 lakh meters per month in FY26, with a long-term goal of 50 lakh meters per month to capture high-margin demand.

Standalone Revenue for Q4 FY26 was ₹23.38Cr vs ₹7.50Cr (▲211.7% YoY). EBITDA loss narrowed to ₹5.89Cr from ₹51.70Cr (improved by ₹45.81Cr YoY). PAT loss widened to ₹28.59Cr from ₹8.87Cr (worsened by ₹19.72Cr YoY). EBITDA Margin improved by 663.8 bps from -689.0% to -25.2%. The company reported strong FY26 revenue growth and full-year EBITDA turnaround, significant debt reduction, and a credit rating upgrade.

Standalone Revenue ₹23.38 Cr vs ₹7.50 Cr (▲211.7% YoY), EBITDA ₹(5.89) Cr vs ₹(51.70) Cr (▲88.6% YoY), PAT ₹(28.59) Cr vs ₹(8.87) Cr (▼222.3% YoY). EBITDA Margin improved to -25.18% from -689.04% (▲66386 bps). The Board also approved the incorporation of a wholly-owned subsidiary for renewable energy.