PFA, the press release on unaudited financial Results for Q2 2025-26.
Awaiting price reaction for this filing.
Narbada Gems and Jewellery reported standalone Q2 FY2025-26 results with revenue from operations of ₹2,630.17 lakhs, up about 27% sequentially and 40% year-on-year. Profit before tax jumped to ₹401.09 lakhs from ₹311.67 lakhs in Q1 and just ₹10.38 lakhs a year earlier, while net profit after tax rose to ₹299.52 lakhs (₹299.5 lakhs vs ₹7.04 lakhs YoY), lifting EPS to ₹1.42. PAT margin stood at around 11.4%. For H1 FY26, total income reached ₹4,696.82 lakhs with PAT of ₹532.74 lakhs. The company also confirmed its merger with Uday Jewellery Industries is progressing, with the next NCLT hearing scheduled for 17 November 2025.
The sharp jump in both revenue and profits, especially the low base effect from last year, signals a strong turnaround quarter and could lift sentiment in the stock. The pending NCLT hearing on the merger with Uday Jewellery Industries is a key near-term catalyst shareholders should watch, as it could change the company's scale and market position.