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NationalUpdated 2 hrs ago

PNGS Reva Diamond Jewellery Sees Q2 Net Profit Jump 83.7% To ₹23.29 Crore, Revenue Rises 17.1%

Image: Free Press Journal

Mumbai: PNGS Reva Diamond Jewellery Limited on Monday announced its standalone financial results for the second quarter of fiscal year 2027, with net profit after tax climbing to ₹23.29 crore. This marks an 83.7 per cent increase from ₹12.68 crore reported in the corresponding quarter of the previous fiscal year.

Revenue Performance

The company’s standalone revenue from operations for the quarter stood at ₹120.54 crore, up 17.1 per cent from ₹102.97 crore in the quarter ended September 30, 2025. Total income for the quarter reached ₹125.78 crore, compared to ₹103.08 crore in the year-ago period.

PNGS Reva Diamond Jewellery Q4 Profit Jumps 351% To ₹21 Crore, Revenue Surges Nearly Sixfold

Expenses and Profit Before Tax

Total expenses for the quarter increased to ₹94.76 crore from ₹86.11 crore in the September 2025 quarter. Profit before tax for the period grew by 82.8 per cent to ₹31.03 crore, compared to ₹16.98 crore in the same quarter last year.

Earnings Per Share

Standalone basic earnings per share (EPS) for the quarter was ₹7.35, an increase from ₹5.80 in the quarter ended September 30, 2025. Diluted EPS also stood at ₹7.35 for the current quarter.

Half-Year Performance

For the half year ended September 30, 2026, standalone net profit was ₹50.50 crore, a 150.8 per cent rise from ₹20.13 crore in the corresponding half year of 2025. Revenue from operations for the half year increased by 52.2 per cent to ₹238.51 crore from ₹156.72 crore.

PNGS Reva Diamond Jewellery Reports ₹1,382.14 Million Revenue, 96.90% Growth With Strong Festive Demand In Q4 FY26

Retail Network

As of October 26, 2026, PNGS Reva Diamond Jewellery operated 34 SIS (shop-in-shop) stores with P. N. Gadgil & Sons Limited and five exclusive brand stores. This compares to 34 SIS stores and two exclusive brand stores as of March 31, 2026.

IPO Proceeds Utilisation

The company reported that ₹283.60 crore of its Initial Public Offering (IPO) proceeds remained unutilised as of September 30, 2026. These funds were temporarily retained in fixed deposits and monitoring accounts.

Disclaimer: This report is based on the company's filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes.

This content is published by Free Press Journal and has not been created or edited by Hello Headlines. View original

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