Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a Meeting of the Board of Directors of the Company was held today i.e. ....
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 of Palm Jewels Limited approved unaudited standalone financial results for the quarter and half year ended September 30, 2025 on November 12, 2025. Revenue from operations for Q2 FY26 surged to Rs 7,784.67 lakhs, up about 57% from Rs 4,952.66 lakhs in Q2 FY25. For H1 FY26, revenue nearly doubled to Rs 8,208.19 lakhs from Rs 4,159.42 lakhs in H1 FY25, reflecting a ~97% jump. Net profit for H1 FY26 rose sharply to Rs 54.29 lakhs from Rs 18.62 lakhs in H1 FY25, with PAT margin expanding from 0.45% to 0.66%. Operating cash flow turned strongly positive at Rs 78.18 lakhs versus an outflow of Rs 128.09 lakhs a year ago, while long-term borrowings dropped sharply from Rs 355.36 lakhs to Rs 107.60 lakhs. The statutory auditor (Bharat H. Shah & Co.) issued an unqualified limited review report.
This is a positive update — strong revenue acceleration, sharply improved profitability, debt reduction and a swing to positive operating cash flow suggest the business is gaining momentum, though margins remain wafer-thin (sub-1%) typical of gold jewellery trading. Shareholders should view this as a recovery story, but the small scale and low margins keep the stock firmly in the high-risk, high-reward category.