Gems & Jewellery company Shringar House of Mangalsutra announced Q2FY26 results Revenue from operation for Q2FY26 stood at Rs 5,287.9 million, as against Rs 4,160.7 million in Q2FY25, reflecting a 27.1% growth on a YoY basis. This growth was driven by favourable mix towards high-value products combined with favorable gold price trend. EBITDA for the quarter grew by 35.4%, reaching Rs 331.0 million in Q2FY26 compared to Rs 244.5 million in Q2FY25. EBITDA margin for the quarter stood at 6.3% expanding by 38 basis points on a YoY basis. Profit after Tax for Q2FY26 was at Rs 228.5 million, as against Rs 160.4 million in Q2FY25, YoY growth of 42.5%. PAT Margin increased by 47 basis points on a year on year basis to reach 4.3%. Landmark launch of “24K SHUDDH” Collection, one of the first-ever HUID Hallmarked Mangalsutra Collection in India crafted entirely in pure 24 Karat gold. Chetan N Thadeshwar , Chairman & Managing Director, said: “We are pleased to report strong Q2FY26 results, driven by robust domestic demand, supportive gold prices, and a richer mix of high-value products. Key margins expanded significantly, underscoring the strength of our operations. We are also proud to announce the launch of our signature ‘24K SHUDDH’ Mangalsutra Collection — a pioneering range that stands among India’s first HUID-hallmarked collections, meticulously crafted in pure 24-karat gold. This announcement is a further testament to our innovation culture as we look towards expand our diversified product portfolio as key pillar of growth. Our extensive portfolio is ably supported by our integrated manufacturing facility that enables us to have complete control from conceptualization and designing to manufacturing. We remain committed to strengthening relationships with existing clients, investing in brand-building initiatives, enhancing operational efficiencies, and establishing a robust pan-India supply chain to tap into underserved markets through strategic third-party partnerships. As part of this expansion drive, the company has recently inaugurated new branch offices in Delhi and Pune. We continue to remain very upbeat on the upcoming festive and wedding season driven by a favourable demand outlook supported by higher consumer spending. Our relentless focus on quality manufacturing, expertise developed over 15 years of rich legacy combined with an established clientele of marquee players positions us well to deliver sustainable, long term value for all our stakeholders." Result PDF