Outcome of the Board Meeting held on 11-11-2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved unaudited financial results for H1 FY26 (ended September 30, 2025) along with a clean limited review report from the statutory auditors. Revenue from operations rose about 29% to ₹11,917 lakhs versus ₹9,224 lakhs in H1 FY25, while profit after tax jumped nearly 62% to ₹261 lakhs from ₹161 lakhs. Basic EPS improved to ₹5.67 from ₹2.77. The board also approved acquiring AJC Jewel Manufacturers FZE, a promoter-group entity based in the UAE operating in the same jewellery business, to expand foreign market presence. Trade receivables have nearly doubled and short-term borrowings have risen sharply, while reserves and surplus grew to ₹2,480 lakhs, supported by fresh equity infusion.
Strong top-line and bottom-line growth, combined with international expansion via a UAE subsidiary, signals positive momentum for shareholders. However, rising receivables and short-term borrowings are worth monitoring closely.