The Statutory Auditors, M/s. CVB & Associates, Chartered Accountants (Firm Registration No. 116131W, formerly known as M/s Hiren Buch Associates), issued an audit report with an unmodified opinion on these financial results pursuant to Regulation 33(3)(d) of SEBI LODR.

In accordance with Regulation 47 of SEBI LODR, the financial results will be advertised in newspapers and made available on the company's website at www.varyaacreations.com.

Financial Results Highlights (Amount in ₹ Lakhs)

Year Ended 31st March 2026 (Audited) vs Year Ended 31st March 2025 (Audited)

  • Revenue from Operations: ₹3,492.74 (FY26) vs ₹3,134.33 (FY25)
  • Total Income: ₹3,496.89 (FY26) vs ₹3,134.33 (FY25)
  • Total Expenses: ₹3,398.16 (FY26) vs ₹3,046.99 (FY25)
  • Profit Before Tax: ₹98.73 (FY26) vs ₹87.34 (FY25)
  • Tax Expense: ₹24.86 (Current Tax) + ₹21.77 (Short/Excess Provision) + ₹0.21 (Deferred Tax) = ₹46.84 (FY26) vs ₹27.00 + ₹19.14 + ₹0.86 = ₹47.00 (FY25)
  • Net Profit for the Year: ₹51.90 (FY26) vs ₹42.06 (FY25)

Half Year Ended 31st March 2026 (Audited) vs Half Year Ended 30th September 2025 (Unaudited)

  • Revenue from Operations: ₹2,539.47 (H2 FY26) vs ₹953.27 (H1 FY26)
  • Total Income: ₹2,540.19 (H2 FY26) vs ₹956.70 (H1 FY26)
  • Profit/(Loss) Before Tax: ₹10.22 (H2 FY26) vs ₹88.51 (H1 FY26)
  • Net Profit/(Loss) for the Period: (₹14.33) Loss (H2 FY26) vs ₹66.23 Profit (H1 FY26)

Capital Structure and Per Share Data

  • Paid-up Equity Share Capital (Face Value ₹10 each): 47,90,000 shares (consistent across all periods)
  • Weighted Average Number of Equity Shares Outstanding: 47,90,000 shares
  • Earnings Per Share (Basic & Diluted):
  • Year Ended 31st March 2026: ₹1.08
  • Year Ended 31st March 2025: ₹0.88
  • Half Year Ended 31st March 2026: (₹0.30)
  • Half Year Ended 30th September 2025: ₹1.38
  • Half Year Ended 31st March 2025: (₹0.42)

Balance Sheet Position as at 31st March 2026

  • Total Liabilities: ₹2,960.26 Lakhs
  • Reserves and Surplus: ₹1,935.63 Lakhs
  • Deferred Tax Liabilities: ₹2,414.63 Lakhs
  • Current Liabilities: ₹545.64 Lakhs (including Short Term Borrowings ₹432.65 Lakhs, Trade Payables ₹44.16 Lakhs)
  • Total Assets: ₹2,960.26 Lakhs
  • Non-Current Assets: ₹174.46 Lakhs (including Property, Plant and Equipment ₹2.91 Lakhs)
  • Current Assets: ₹2,785.80 Lakhs (including Inventories ₹2,345.45 Lakhs, Trade Receivables ₹375.70 Lakhs, Cash and Cash Equivalents ₹28.48 Lakhs)

Cash Flow Statement for Year Ended 31st March 2026

  • Net Cash Used in Operating Activities: (₹394.81) Lakhs
  • Net Cash Used in Investing Activities: (₹2.78) Lakhs
  • Net Cash Generated from Financing Activities: ₹411.54 Lakhs (primarily from increase in short-term borrowings of ₹432.65 Lakhs)
  • Net Increase in Cash and Cash Equivalents: ₹13.95 Lakhs
  • Closing Cash and Cash Equivalents: ₹28.48 Lakhs

Auditor's Emphasis of Matter

The Statutory Auditors drew attention to two notes in the financial results:

1. Note 5: Valuation of inventory valuing ₹2,345.45 lakhs has been taken from a valuation report given by a registered valuer as the valuation of Gems and Jewellery requires technical expertise.

2. Note 4: Balances of trade payables, trade receivables, and advances received are subject to reconciliation and confirmation. The management is in the process of reconciling the same.

Notes to Financial Results

  • The company is primarily engaged in the trading business of gems and jewellery.
  • The financial results for the half year ended 31st March 2026 represent balancing figures between the audited full-year figures and the published unaudited year-to-date figures up to six months ended 30th September 2025.
  • Figures of earlier periods have been regrouped/rearranged wherever necessary for comparability.