Golkunda Diamonds & Jewellery Limited (BSE: 523676), a manufacturer and exporter of fine jewellery to leading international retail chains, today has announced its unaudited financial results for the quarter ended September 30, 2026 (H1 & Q2 FY27).

H1 & Q2 FY27 KEY FINANCIAL HIGHLIGHT

H1 FY27 Performance Highlights

– Revenue from Operations grew by 14.75% YoY to ₹172.57 crore, compared to ₹150.38 crore in H1 FY26.

– EBITDA increased by 77.18% YoY to ₹18.58 crore, against ₹10.49 crore in H1 FY26.

– EBITDA Margin improved by 378 bps to 10.74%, compared to 6.96%.

– Profit After Tax (PAT) surged by 88.76% YoY to ₹11.92 crore, compared to ₹6.32 crore.

– PAT Margin expanded by 270 bps to 6.89%, against 4.19%.

– Diluted EPS increased by 72.87% YoY to ₹15.68, compared to ₹9.07.


Q2 FY27 Performance Highlights

– Revenue from Operations grew by 7.92% YoY to ₹87.35 crore, compared to ₹80.94 crore in Q2 FY26.

– EBITDA increased by 84.62% YoY to ₹9.94 crore, against ₹5.39 crore.

– EBITDA Margin improved by 472 bps to 11.36%, compared to 6.64%.

– Profit After Tax (PAT) surged by 113.23% YoY to ₹6.78 crore, compared to ₹3.18 crore.

– PAT Margin expanded by 383 bps to 7.75%, against 3.92%.

– Diluted EPS increased by 80.25% YoY to ₹8.23, compared to ₹4.57.

Establishment of NIBHANA Brand

As part of its strategic growth initiatives, the Company, through its wholly owned subsidiary, Golkunda Retail India Private Limited, has established “NIBHANA”, a proprietary brand exclusively focused on lab-grown diamond jewellery, marking its entry into the Indian jewellery retail segment.

To strengthen the brand’s retail presence and accelerate its market entry, the subsidiary has successfully established four retail stores at prominent locations in India.

Building on this initial presence, the subsidiary proposes to establish seven additional retail stores in the near future. The planned expansion is aimed at strengthening NIBHANA’s brand positioning, increasing geographical reach and enhancing customer engagement across existing and emerging markets.

Through the establishment of NIBHANA company aims to build its presence in the growing lab-grown diamond jewellery segment and develop a scalable retail business in India.

MANAGEMENT COMMENTARY

Commenting on the result,
KANTIKUMAR DADHA, Chairman & Whole-time Director, said:

“We are pleased to report a strong financial performance in Q2 and H1 FY27, reflecting the progress of our business operations. During Q2 FY27, our revenue from operations grew by 7.92% year-on-year, while PAT registered a growth of 113.23%. For H1 FY27, revenue grew by 14.75% and PAT increased by 88.76%, accompanied by an improvement in profitability margins.

Alongside our financial performance, we are taking strategic steps to enter the jewellery retail segment through our wholly owned subsidiary, Golkunda Retail India Private Limited. The subsidiary has established NIBHANA, brand exclusively focused on lab-grown diamond jewellery, marking the Company’s entry into this emerging retail segment. As part of this initiative, four retail stores have been established at prominent locations in India.

Going forward, the subsidiary plans to establish seven additional retail stores in the near future. This planned expansion is aimed at strengthening NIBHANA’s brand positioning, broadening its retail footprint and enhancing customer outreach across existing and emerging markets. We remain focused on strengthening our core jewellery business while developing new growth avenues through our retail venture and expanding our presence in the lab-grown diamond jewellery segment.”

Courtesy: The Print