Gems & Jewellery company Shanti Gold International announced Q4FY26 & FY26 results Financial Highlights: Income: Q4FY26: Rs 6,623.21 million, compared to Rs 6,394.92 million in Q3FY26 (QoQ increase of 3.57%) and Rs 2,984.65 million in Q4FY25 (YoY increase of 121.91%). FY26: Rs 20,284.97 million, compared to Rs 11,124.67 million in FY25 (YoY increase of 82.34%). Profit Before Tax: Q4FY26: Rs 642.54 million, compared to Rs 404.08 million in Q3FY26 (QoQ increase of 59.01%) and Rs 152.64 million in Q4FY25 (YoY increase of 320.94%). FY26: Rs 1,843.75 million, compared to Rs 710.93 million in FY25 (YoY increase of 159.35%). Net Profit for the Period: Q4FY26: Rs 519.28 million, compared to Rs 305.91 million in Q3FY26 (QoQ increase of 69.75%) and Rs 91.85 million in Q4FY25 (YoY increase of 465.36%). FY26: Rs 1,401.54 million, compared to Rs 541.05 million in FY25 (YoY increase of 159.04%). Earnings Per Share (EPS): Q4FY26: Rs 7.86, compared to Rs 4.77 in Q3FY26 and Rs 1.70 in Q4FY25. FY26: Rs 21.22, compared to Rs 10.02 in FY25. Business Highlights: Accounting Policy Change: The Company voluntarily changed its accounting policy for inventory valuation from the First-In-First-Out (FIFO) method to the Weighted Average Cost (WAC) method, effective April 01, 2024. Comparative financial results have been restated to reflect this change. AGM & Dividend: The Board has recommended a final dividend of Rs 0.50 (10%) per equity share of Rs 10 face value for FY26, subject to shareholder approval at the 21st AGM. Corporate Developments: The Board approved convening the 21st Annual General Meeting (AGM) of the Company for the financial year 2025-26 on Wednesday, September 2, 2026, through video conferencing/audio-visual means. Wednesday, August 26, 2026, has been fixed as the Record Date for determining dividend entitlement. Auditors: The Board approved the appointment of M/s. Suresh Surana & Associates LLP as the Internal Auditor for FY27. The Board approved the re-appointment of M/s. S Chhaparia & Associates as the Cost Auditor for FY27, subject to shareholder ratification Pankajkumar Jagawat, Chairman & Managing Director, Shanti Gold International, said: “FY26 marked a strong year for the Company, driven by healthy volume and robust revenue growth despite elevated gold prices. The continued shift towards organised jewellery retail, along with rising preference for design-led and quality-assured products, continues to create meaningful opportunities for scalable manufacturing partners such as us. The Company delivered its strongest quarterly performance in Q4FY26, supported by strong wedding season demand, improved customer traction, and favourable gold price realisations. During the year, we continued to strengthen our client base by onboarding new customers across northern and western India, while further deepening relationships with existing organised retail partners. Our design capabilities, product quality, and ability to offer differentiated jewellery across categories continue to drive strong demand from organised players. During the year, we forayed into new product lines including Turkish jewellery and Mangalsutra and expanded our manufacturing capacity. With the new capacity and new product we remain confident that these new categories will generate meaningful contribution to the volumes and revenues going ahead. Going forward, we remain focused on strengthening our product portfolio, expanding our reach, and scaling our manufacturing capabilities in line with growing customer demand.” Result PDF