Gems & Jewellery company D P Abhushan announced Q2FY26 results Reported Total Revenue of Rs 967.74 crore, marking a 79% QoQ growth, though a 4% decline YoY due to sharp increase in gold prices. EBITDA stood at Rs 75.80 crore, up 37% QoQ and 99% YoY, with an EBITDA margin of 7.83%, improving 404 bps YoY. Profit After Tax (PAT) rose to Rs 51.46 crore, a 41% QoQ and 105% YoY increase and margin improved to 5.32%, up 282 bps YoY. Santosh Kataria, Managing Director, said: “We are pleased to report a resilient performance in Q2FY26, despite the challenging industry environment. The quarter was marked by a sharp surge in gold prices rising nearly 45% YoY and 8% QoQ surpassing Rs 100,000 per 10 grams in the retail market. This unprecedented increase, driven by global economic uncertainties, led many consumers to defer purchases in anticipation of a price correction or stabilization. However healthy demand recovery was observed at the end of Sep due to the early festive season. Amid these headwinds, D. P. Abhushan delivered a healthy operational performance with. EBITDA reflecting 99% YoY to Rs 75.80 crore. Profit After Tax rose 105% YoY to Rs 51.46 crore, with PAT margin improving by 282 bps to 5.32%. During the festive period of Navratri and Dussehra 2025, the Company achieved record festive sales of Rs 237 crore, registering an 85% YoY growth across gold, silver, diamond, and other jewellery categories. With encouraging consumer sentiment and the onset of the wedding season, we remain optimistic. Our continued focus on design-led diamond collections, supported by a strong gold jewellery base across our stores, positions us well for sustainable growth in the coming quarters.” Result PDF
Gems & Jewellery company D P Abhushan announced Q1FY26 results Total Revenue was Rs 541 crore for Q1FY26 compared to Rs 505 crore in Q1FY25. a moderate increase of 7% YoY. EBITDA stood at Rs 55 crore for Q1FY26 compared to Rs 38 crore in Q1FY25. a significant increase of 44%. PAT stood at Rs 36 crore for Q1FY26 compared to Rs 25 crore in Q1FY25, marking a growth of 45%. Inaugurated a Second Showroom in Ratlam spans approximately 15,000 sq.ft. of super built-up area and is built on a 3,150 sq.ft. plot with a contemporary Basement & Ground+4 floor design. Santosh Kataria, Managing Director said: “Gold prices remained elevated during Q1FY26, which impacted overall demand and volume growth particularly among price sensitive consumers. However, wedding-related demand and sustained interest in premium jewellery offerings helped support overall industry stability. Our presence across Central India particularly in Madhya Pradesh and Rajasthan continued to demonstrate resilient growth during the quarter, supported by the wedding & festive season coupled with strong brand loyalty in semi-urban and Tier-2 cities. As a result, we delivered a moderately positive performance in terms of revenue, which grew by 7% YoY. Notably, EBITDA and PAT showcased robust growth of 44% and 45% respectively, driven by improved product mix, operational efficiencies, and disciplined cost management. We remain focused on expanding our retail footprint and are raising up to Rs 600 crore through the QIP route to ensure robust funding for our growth initiatives. With a strong regional presence and a well-defined strategy, we are well-positioned to capitalise on the long-term potential of India’s jewellery market and continue delivering value to our customers and stakeholders.” Result PDF
Gems & Jewellery company D P Abhushan announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total Revenue was Rs 718 crore. for Q4FY25 compared to Rs 557 crore. in Q4FY24. an increase of 29%YoY. EBITDA stood at Rs 42 crore. for Q4FY25 compared to Rs 24 crore. in Q4FY24. a significant increase of 74%. PAT stood at Rs 25 crore. for Q4FY25 compared to Rs 16 crore. in Q4FY24, marking a growth of 55%. FY25 Financial Highlights: Total Revenue stood at Rs 3,312 crore in FY25 reporting a growth of 42% YoY from Rs 2,340 in FY24. EBITDA recorded an impressive growth of 74% YoY to Rs 175 crore & Margin expanded by 97 bps PAT grew significantly by 82% YoY to Rs 113 crore & Margin expanded by 76 bps. Revenue from the Exhibitions conducted during the quarter grew 19% YoY to Rs 12 croreores. Bhopal and Banswara store performed well grew by 65% YoY and 53% YoY respectively while flagship store of Ratlam & Indore grew by 43%YoY and 30% YoY respectively. Commenting on the performance, Santosh Kataria, Managing Director said: “Despite global economic uncertainties and persistently high gold prices, India’s gold and jewellery sector continues to demonstrate resilience. However, elevated gold prices did weigh on overall industry demand during the quarter, leading to more cautious consumer spending, particularly in the mass-market segment as a result of which our sequential performance has slightly declined. Amid this backdrop, our company delivered a strong performance, with FY25 revenue, reflecting a 42% YoY growth. EBITDA stood up 74% while PAT marking 82% YoY increase. This growth was driven by sustained wedding and festive demand, along with a rally in gold prices rise touching the peak of Rs 1 lakh per 10 grams. We continue to expand strategically with the launch of our second showroom in Ratlam, a 9,450 sq. ft. space located just one kilometre from our head office, reinforcing our focus on sustainable, long-term growth. Looking ahead, we remain confident in the long-term potential of India’s gold and jewellery sector and are well-positioned to navigate evolving market dynamics while continuing to create value for our stakeholders and customers." Result PDF
Gems & Jewellery company D P Abhushan announced Q3FY25 results Total Revenue was Rs 1,085 crore for Q3FY25 compared to Rs 766 crore in Q3FY24. an increase of 42% driven by sustained festivals & wedding demands. EBITDA stood at Rs 56 crore for Q3FY25 compared to Rs 29 crore in Q3FY24. a significant increase of 92%. PAT stood at Rs 37 crore for Q3FY25 compared to Rs 17 crore in Q3FY24, marking a highest ever growth of 123% Inaugurated a new showroom in Neemuch,spans a super built-up area of 7,700 sq.ft. with a modern G+3 layout, built on a plot area of 2,190 sq.ft. This brings the total number of showrooms to 10 as of December 2024. Company plans to raise Rs 600 crore to support its strategic store expansion initiative via Equities & Convertibles. Santosh Kataria, Managing Director said: “Despite global economic uncertainties and price volatility, India's gold and jewellery market remains resilient, driven by cultural affinity, rising incomes, and evolving consumer preferences. Our strong performance this quarter reflects this momentum, with revenue surging 42% YoY to Rs 1,085 crore, EBITDA growing significantly by 92% YoY to Rs 56 crore, and Highest ever PAT increasing 123% YoY to Rs 37.34 crore, supported by a reduction in import duty, elevated gold prices and sustained demand for weddings and festivals. As part of our strategic expansion, we have strengthened our retail footprint with the launch of a new showroom in Neemuch, Madhya Pradesh, in Q3FY25, following our Ajmer launch in the previous quarter. Additionally, construction of our new flagship G+3 showroom in Ratlam is progressing well, reinforcing our commitment to offering an unparalleled shopping experience. We are excited about our growth potential and are planning to raise up to Rs 600 crore through the QIP route. This funding will support our strategic store expansion and provide growth capital, enabling us to strengthen our market presence and drive long-term value creation. Result PDF
Gems & Jewellery company D P Abhushan announced Q2FY25 results Total Revenue was Rs 1,005 crore. for Q2FY25 compared to Rs 546 crore. in Q2FY24. an increase of 84%. EBITDA stood at Rs 38 crore. for Q2FY25 compared to Rs 25 crore. in Q2FY24. a significant increase of 51%. PAT stood at Rs 25 crore. for Q2FY25 compared to Rs 13 crore. in Q2FY24, marking a robust growth of 89%. Inaugurated a new showroom in Ajmer, a 6,050 sq. ft. luxury space designed to meet the rising demand for gold, diamond, and silver jewellery in the region. This brings the total number of showrooms to 9 as of September 2024. Santosh Kataria Managing Director said: “We are pleased to announce a robust performance this quarter, with revenue surging 84% YoY and EBITDA growing by 51% YoY, driven by a strong uptick in overall gold and jewellery demand. Building on this momentum and In line with our strategic expansion plan, we are thrilled to announce the inauguration of our new showroom in Ajmer, Rajasthan. This new store aligns seamlessly with our long-term strategy to expand our footprint, with additional showrooms currently under construction in Ratlam and Neemuch. Looking ahead, we remain on track to reach 20 stores by FY28, with plans to open at least 3–4 new stores in the upcoming financial year, focusing on emerging markets in Madhya Pradesh, Rajasthan, Chhattisgarh, and Gujarat. With an unwavering commitment to quality and service, we are optimistic about the future and confident in our ability to execute these growth plans effectively." Result PDF
Gems & Jewellery company D P Abhushan announced Q1FY25 results: Financial Highlights: D. P. Abhushan reported a 7% increase in total revenue and a 60% rise in net profit after tax (PAT) for Q1FY25 compared to the same quarter of the previous financial year. The PAT margin of the company grew by 71% compared to the last quarter of the previous financial year. Total revenue for the quarter ended June 30, 2024, was Rs 505 crore, up from Rs 471 crore in the same quarter of the previous financial year. Net Profit after Tax for the quarter ended June 30, 2024, stood at Rs 25.06 crore, compared to Rs 15.62 crore in the corresponding quarter of the previous financial year. Business Highlights: D. P. Abhushan has notified the exchange regarding the construction of three new showrooms. These include an additional showroom in Ratlam (M.P.) spanning approximately 12,000 sq. ft., a second showroom in Neemuch (M.P.) covering approximately 7,700 sq. ft., and a third showroom in Ajmer (Raj.) with an area of 6,000 sq. ft. Result PDF