PFA, the financial results (standalone) for Q2 2025-26
Awaiting price reaction for this filing.
Narbada Gems and Jewellery reported a strong quarter ended September 30, 2025. Revenue from operations rose to Rs 2,630.17 lakhs, up about 41% from Rs 1,865.39 lakhs in the same quarter last year. Profit before tax surged to Rs 401.09 lakhs from just Rs 10.38 lakhs a year ago, and net profit jumped to Rs 299.52 lakhs versus Rs 7.04 lakhs. EPS for the quarter stood at Rs 1.42 versus Rs 0.03 earlier. For the first half of FY26, revenue grew to Rs 4,704.13 lakhs and net profit doubled to Rs 532.74 lakhs compared with Rs 262.78 lakhs in H1 FY25. The auditor (Anant Rao & Mallik) issued an unmodified review opinion.
Sharp year-on-year improvement in both revenue and profit signals strong operating momentum for the gems and jewellery retailer, which is positive for shareholders. Operating cash flow remained modest at Rs 34.53 lakhs for H1 despite high profitability, mainly due to a Rs 464 lakh jump in trade receivables, which investors should watch.