Mumbai: D.P. Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161), a company marking golden legacy of 85 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 11 different geographics in India, announced its financial results for the Second quarter and half year ended 30th September 2025.
Ǫ2FY2C Highlights:
- Reported Total Revenue of ₹967.74 crore, marking a 79% QoQ growth, though a 4% decline YoY due to a sharp increase in gold prices.
- EBITDA stood at ₹75.80 crore, up 37% QoQ and 99% YoY, with an EBITDA margin of 7.83%, improving 404 bps YoY.
- Profit After Tax (PAT) rose to ₹51.46 crore, a 41% QoQ and 105% YoY increase, and the margin improved to 5.32%, up 282 bps YoY.
H1FY2C Highlights:
- Total Revenue for H1FY26 was ₹1509.06 crore, flat YoY.
- EBITDA increased to ₹131.05 crore, a 71% YoY growth, with an EBITDA margin of 8.68%, up 363 bps YoY.
- PAT for the halfyear reached ₹87.88 crore, a 75% YoY increase. Margin improved to 5.82%, up 250 bpsYoY.
Commenting on the performance, Mr. Santosh Kataria, Managing Director, said, “We are pleased to report a resilient performance in Ǫ2FY2C, despite the challenging industry environment. The quarter was marked by a sharp surge in gold prices, rising nearly 45% YoY and 8% ǪoǪ, surpassing ₹100,000 per 10 grams in the retail market. This unprecedented increase, driven by global economic uncertainties, led many consumers to defer purchases in anticipation of a price correction or stabilisation. However, a healthy demand recovery was observed at the end of Sept due to the early festive season.
Amid these headwinds, D. P. Abhushan delivered a healthy operational performance with EBITDA reflecting 22% YoY to ₹75.80 crore. Profit After Tax rose 105% YoY to ₹51.46 crore, with PAT margin improving by 282 bps to 5.32%. During the festive period of Navratri and Dussehra 2025, the Company achieved record festive sales of ₹237 crore, registering an 85% YoY growth across gold, silver, diamond, and other jewellery categories. With encouraging consumer sentiment and the onset of the wedding season, we remain optimistic. Our continued focus on design-led diamond collections, supported by a strong gold jewellery base across our stores, positions us well for sustainable growth in the coming quarters.
