Pursuant to Regulation 33 of the Securities Exchange Board of India (Listing Obligations and Listing Requirements) Regulations, 2015 (Listing Regulations), we are enclosing the statement ....

VARUN MERCANTILE LIMITED Corporate Identity Number: L51909MH1985PLC321068 Website: www.vml.org.in Regd. Office: 147, 14th Floor, Atlanta, Nariman Point, Mumbai 400 021. Tel.: 22800131, Fax: 22800130. BSE Scrip Code: 512511 August 13, 2026 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. Dear Sirs, Sub: Statement of Unaudited Financial Results for the quarter ended June 30, 2026 of the Company Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (Listing Regulations), we are enclosing the Statement of Unaudited Financial Results of the Company for the quarter ended June 30, 2026 duly approved by the Board of Directors of the Company, at its meeting held on August 13, 2026. We also enclose herewith a copy of the Limited Review Report of the Auditors of the Company, as required under Regulation 33 of the Listing Regulations. The meeting of the Board of Directors of the Company commenced at 04:00 p.m. and concluded at 04:25 p.m. Kindly take the same on record. Thanking you, Yours faithfully, For Varun Mercantile Limited Piyush Oza Company Secretary Encl: as above J. KARIA & ASSOCIATE CH R TERED ACCOUNTA T 409 DEVPLAZA,OPP.FIREBRIG DE,S.V.ROAD,ANDHERI(W),MU BAI-400058 IN 0 I A Tel fax : 1-22-2623 37· C II: +91-842 67711· E-m i1 :nJkaria@gmail.com Independent Auditor's Review Report on Unaudited Financial Results of Varun Mercantile Limited forthe quarterended June30, 2026 pursuantto Regulation 33of the S 81 (Listing Obli ations and Disclo ure Requirements) Regulations, 2015, as amended. The BoardofDirectors Varun Mercantile Limited 1. We have reviewed the accompanying Statement of unaudited financial results of Varun Mercantile Limited ("the Company') for the quarter ended June 30, 2026 (litheStatement"]attached herewith,beingsubmitted bythe Companypursuantto the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 asamended (lithe listing Regurations") read with relevant circulars issued bySEB!. 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting"("lnd AS 34"), prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express aconclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, " Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance asto whether the Statement is free of material misstatement. Areview ofinterim flnanclal informatlon consistsofmaking inquiries, primarilyof company's personnel responsible forfinancial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act,2013 and consequently does notenable usto obtain assurancethatwe would become aware ~~..... ~ f all significant mattersthatmightbeidentified in anaudit. Accordingly, we do not . r '"\ cp. ./r '" 0 'essanaudit opinion. ~'1. '-......,.; d cc RI & ASSOCIATES NTANTS A .AN H I W),MUMBAI .400058 IN 0 I A I f 7 11· -rn I nl'" rt m il om 4. t t d In p r r t IIv h mn, o nl Ion ndm ur m nt prlnclpl I Iddown in tand rd ("Ind A ") P ifiedunderSc ion 33 o m nded,read with r levantrule is ued h r under a r a unting principles generally accepted In India, ha not di cia ed h rmation r quir d to be disclosed In terms of Regulation 33 of the Listing e la ion ,including the manner In which It isto be disclosed, or that it con ains a a erial misstatement. For .J. Karia & Associates C artered Accountants (Registration No. 106742W) Dipika GPatel Partner embership No.146359 UDIN:26146359JDCKTG2294 Place: Mumbai Dated: August 13, 2026 VARUN MERCANTILE LIMITED Regd Office:147,14thFloor,Atianta,Nariman Point,Mumbai400 021. CIN:L51909MH1985PLC321068.Website :wv.iw.vml.org.in STATEMENT OF UNAUDITED FINANCIAL RESULTS FORTHE QUARTER ENDEDJUNE 30, 2026 (~inLakh exceot oersharedata\ QuarterEnded Year Ended Sr. No Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 (Unaudited) (Audited) (Unaudited) (Audited) Income 1 Revenuefrom Operations 0.00 0.00 0.00 0.00 2 Other Income 8.87 9.44 9.75 37.85 3 Total Income (1+2) 8.87 9.44 9.75 37.85 4 Expenses (a) Employeesbenefits expenses 3.13 2.50 2.04 10.35 (b) Depreciationandamortization expenses 0.00 0.00 0.00 0.00 (c) Otherexpenses i)Listing Fees 0.96 0.96 0.96 3.84 ii)Audit Fees 0.00 0.30 0.00 0.30 iii)Advertisement Expenses 0.05 0.05 0.00 0.24 iv)Misc.Expenses 0.08 0.64 0.18 1.11 Total Expenses (Total ato c) 4.22 4.45 3.18 15.84 5 Profit/ (Loss) BeforeTax (3-4) 4.65 4.99 6.57 22.01 6 Tax expenses CurrentTax 2.24 2.37 2.46 9.53 DeferredTax 0.00 0.00 0.00 0.00 Earlieryears(Previous yearTaxation 0.00 0.01 0.00 0.01 Adjustment) 7 Profitfortheperiod/year (5-6) 2.41 2.61 4.11 12.47 8 OtherComprehensiveIncome (i) Itemsthatwill not bereclassified toprofitor 0.00 0.00 0.00 0.00 loss (ii) Incometaxrelating toitems thatwillnotbe 0.00 0.00 0.00 0.00 reclassifiedtoprofitor loss (iii) Itemsthatwill bereclassified toprofitor 0.00 0.00 0.00 0.00 loss (iv) Incometax relating toitemsthatwill be 0.00 0.00 0.00 0.00 reclassified toprofitor loss 9 Total ComprehensiveIncome/(Loss)forthe 2.41 2.61 4.11 12.47 period /Year (7+8) 10 Paid-up EquityShare Capital 199.20 199.20 199.20 199.20 (Equity Shareof ~ 10/-each) 11 Other Equity(reserves) excluding revaluation reserves - 352.42 12 Earnings pershare(Not Annualised) Basic 0.12 0.13 0.21 0.63 Diluted 0.12 0.13 0.21 0.63 Notes: 1 The figures for the corresponding previous periods have been regrouped! rearranged wherever necessary,to make them comparable. The figures for quarter ended 31st March, 2026 are the balancing figures between the audited figures in respect of the full financial year and the reviewed year-to-date figures up to the third quarter oftheprevious financial year. 2 The Company does not have any reportable segment as per Indian Accounting Standard "Operating Segment"(IndAS-108). Accordingly segmentreporting isnotapplicable. 3 The Audit Committee has reviewed the above results and the Board of Directors has approved the above results and its release at their respective meetings held on August 13, 2026. The Statutory Auditors of the Company havecarried out aLimited Reviewofthe aforesaid results. Place :Mumbai Dated :August 13,2026