Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of the Company ....
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Palm Jewels Ltd reported audited financial results for FY 2025-26. Revenue from operations declined slightly to ₹18,528.53 Lakhs from ₹18,974.00 Lakhs in the previous year (a decrease of about 2.3%). However, profitability improved significantly with Net Profit After Tax (PAT) rising to ₹99.68 Lakhs from ₹54.29 Lakhs, representing an 84% increase year-on-year. EPS improved from ₹0.54 to ₹0.99 per share. The auditor Bharat H Shah & Co issued an unmodified (clean) opinion, confirming the financials present a true and fair view. Total assets stood at ₹2,045.29 Lakhs with equity of ₹1,647.98 Lakhs.
Despite a marginal revenue decline, the company achieved strong profit growth driven by improved operational efficiency and reduced finance costs. The clean audit opinion provides confidence to shareholders. The stock may see positive sentiment given the PAT growth of over 80%.