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Varvee Global Sees Profit Surge in Q2

24 Oct

Summary

Varvee Global reported Rs 6.78 crore profit in Sep quarter.
Total income surged over threefold sequentially.
Company diversified into non-denim and renewable energy.

Varvee Global Limited, previously known as Aarvee Denims and Exports Limited, announced a net profit of Rs 6.78 crore for the quarter ending September 30, 2026. This signifies a notable recovery from a net loss of Rs 6.56 crore in the preceding quarter.

Total income for the September 2026 quarter more than tripled to Rs 27.68 crore, compared to Rs 8.88 crore in the June 2026 quarter. Despite this sequential growth, year-on-year income decreased from Rs 34.32 crore in September 2025, and profit fell from Rs 10.21 crore.

The company manufactures various fabrics, yarn, and fibers, with its facility in Narol, Ahmedabad. Varvee Global has expanded its focus to non-denim fabrics, B2B job work, and fabric trading, alongside establishing Varvee Energy in July 2026 for renewable energy solutions.

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