VGL quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Varvee Global Ltd reported sales of ₹19.61 Cr, operating profit of ₹2.85 Cr (OPM 14.53%) and net profit of ₹6.79 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
VGL quarterly results (₹ Cr)
Metric
Mar 2019
Jun 2019
Sep 2019
Dec 2019
Mar 2020
Sep 2025
Jun 2026
Sep 2026
Sales
180.54
167.74
168.07
110.94
117.93
27.83
8.26
19.61
Expenses
157.43
171.28
161.9
97.08
100.34
13.98
15.12
16.76
Operating Profit
23.11
-3.54
6.17
13.86
17.59
13.85
-6.86
2.85
OPM
12.8%
-2.11%
3.67%
12.49%
14.92%
49.77%
-83.05%
14.53%
Other Income
0.43
0.38
0.4
0.62
0.33
6.49
0.63
8.07
Interest
14.1
12.45
13.2
12.89
14.44
0
0.01
0.05
Depreciation
9.38
9.56
9.58
9.59
9.62
1.53
0.63
0.56
Profit before tax
0.06
-25.17
-16.21
-8
-6.14
18.81
-6.87
10.31
Tax
-550%
-0.83%
2.65%
2.38%
-228.34%
45.67%
-4.51%
34.04%
Net Profit
0.4
-24.97
-16.64
-8.19
7.88
10.21
-6.56
6.79
EPS in Rs
0.09
-5.32
-3.55
-1.75
1.68
1.98
-1.27
1.32
VGL profit & loss, annual (₹ Cr)
Metric
Mar 2018
Mar 2019
Mar 2020
Mar 2026
Sales
827
752
565
63
Expenses
747
669
529
57
Operating Profit
80
82
36
5
OPM
10%
11%
6%
9%
Other Income
3
3
0
20
Interest
43
49
53
1
Depreciation
33
34
38
5
Profit before tax
6
2
-56
18
Tax
12%
37%
-24%
32%
Net Profit
6
1
-42
12
EPS in Rs
1.2
0.23
-8.94
2.42
Dividend Payout
0%
0%
0%
0%
VGL balance sheet (₹ Cr)
Metric
Mar 2018
Mar 2019
Mar 2020
Sep 2026
Equity Capital
23
23
23
26
Reserves
248
250
208
53
Borrowings
379
434
419
4
Other Liabilities
268
241
193
75
Total Liabilities
919
949
843
158
Fixed Assets
363
389
350
29
CWIP
0
0
0
0
Investments
0
0
0
6
Other Assets
556
560
492
123
Total Assets
919
949
843
158
VGL cash flows (₹ Cr)
Metric
Mar 2018
Mar 2019
Mar 2020
Mar 2026
Cash from Operating Activity
38
51
65
-
Cash from Investing Activity
-19
-53
5
-
Cash from Financing Activity
-19
3
-70
-
Net Cash Flow
0
0
-1
-
Free Cash Flow
22
-10
63
-
CFO/OP
48%
63%
181%
-
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit