RESULTS FOR JUNE 2025 QTR
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Swarnsarita Jewels India reported Q1 FY26 standalone revenue from operations of Rs. 13,527 lacs, down about 9.8% from Rs. 15,005 lacs in Q1 FY25. Total income came in at Rs. 13,662 lacs versus Rs. 15,125 lacs a year ago. Profit after tax fell to Rs. 535 lacs from Rs. 668 lacs YoY (a decline of nearly 20%), translating to an EPS of Rs. 2.56 versus Rs. 3.69 in the year-ago quarter. On a positive note, the company bounced back from a Rs. 280 lacs loss in Q4 FY25 to a profit this quarter. The standalone cost of materials remained the biggest expense at Rs. 12,938 lacs. The auditor (Banshi Jain & Associates) issued an unqualified limited review report with no qualifications or emphasis of matter.
The year-on-year decline in both revenue and profit may pressure the stock in the near term, though the sequential recovery from a Q4 FY25 loss and absence of any auditor concerns are mildly reassuring. Investors should watch whether the demand softness seen this quarter persists in the festive season.