Golkunda Diamonds FY26 net profit rises 16% to ₹1,369.42 crore

1 min read     Updated on 30 May 2026, 02:10 AM
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Golkunda Diamonds & Jewellery Limited reported a 16% rise in FY26 net profit to ₹1,369.42 crore, with revenue growing to ₹28,150.15 crore. The Board recommended a final dividend of ₹1.50 per share and fixed the record date as August 20, 2026.

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Golkunda Diamonds & Jewellery Limited reported a 16% increase in net profit for the financial year ended March 31, 2026, reaching ₹1,369.42 crore compared to ₹1,181.52 crore in the previous year. Revenue from operations for FY26 rose to ₹28,150.15 crore from ₹25,244.42 crore in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹383.78 crore on revenue of ₹6,851.76 crore.

The Board of Directors, at its meeting held on May 28, 2026, approved the audited financial results and recommended a final dividend of 15%, or ₹1.50 per equity share, for FY26. This dividend is subject to shareholder approval at the upcoming Annual General Meeting. The record date for determining dividend eligibility has been fixed as August 20, 2026, with payment scheduled on or after August 27, 2026.

The company’s total expenditure for FY26 increased to ₹26,385.69 crore from ₹23,700.69 crore in the prior year. Profit before tax for the year stood at ₹1,847.20 crore, up from ₹1,617.01 crore in FY25. Earnings per share (EPS) for the year improved to ₹19.66 from ₹16.97 in the previous year.

Financial Performance Summary

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Net Sales/Income from Operations 28,150.15 25,244.42
Total Expenditure 26,385.69 23,700.69
Profit Before Tax 1,847.20 1,617.01
Net Profit 1,369.42 1,181.52
Earnings Per Share (Basic) 19.66 16.97

The Board also fixed August 13, 2026, as the cut-off date to determine eligibility for electronic voting at the 36th Annual General Meeting. The meeting is scheduled to be held on August 20, 2026, via Video Conferencing. R. C. Jain & Associates LLP, the statutory auditors, provided an unmodified opinion on the financial results.

Historical Stock Returns for Golkunda Diamonds & Jewellery

1 Day5 Days1 Month6 Months1 Year5 Years
-2.67%-0.80%-8.17%+27.02%+33.87%+732.21%

How will the company manage the rising total expenditure to maintain profit margins in the next fiscal year?

What strategic initiatives is Golkunda Diamonds pursuing to sustain the 16% profit growth amidst market volatility?

Will the company consider increasing the dividend payout ratio in the future given the improved EPS?

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Golkunda Diamonds board approves re-appointment of three directors

2 min read     Updated on 28 May 2026, 06:44 PM
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Golkunda Diamonds & Jewellery Limited's board approved the re-appointment of Mr. Shashi Ashok Bekal as Independent Director for five years starting June 21, 2026, and Mr. Kantikumar Dadha and Mr. Arvind Dadha as Chairman and Managing Director respectively for three years starting October 1, 2026. All appointments are subject to shareholder approval at the 36th Annual General Meeting.

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Golkunda Diamonds & Jewellery Limited’s board has approved the re-appointment of three directors, including Mr. Shashi Ashok Bekal as Independent Director and Mr. Arvind Dadha as Managing Director, effective from June 21, 2026, and October 1, 2026, respectively. The decisions were taken during a board meeting held on May 28, 2026. These appointments are subject to the approval of shareholders at the ensuing 36th Annual General Meeting.

The board granted consent for the re-appointment of Mr. Shashi Ashok Bekal as a Non-Executive & Independent Director for a consecutive term of five years, effective from June 21, 2026, until June 20, 2031. Mr. Bekal is a Law Graduate and a member of the Institute of Chartered Accountants of India. He advises domestic and international companies on corporate and commercial issues, including tax, mergers, and restructuring. The company confirmed he is not related to any promoters or directors and is not debarred by SEBI or any other authority.

Mr. Kantikumar Dadha has been approved for re-appointment as Chairman and whole-time Director for a further period of three years, effective from October 1, 2026. He holds a B.Com degree and has been involved with the company since its incorporation. Mr. Dadha is responsible for overall strategy and financial planning. The disclosure notes his relationship with Mr. Arvind Dadha, his son, who is the Managing Director, and Mr. Ashish Dadha, his son, who is a Director & CFO.

The board also approved the re-appointment of Mr. Arvind Dadha as Managing Director for a further period of three years, effective from October 1, 2026. Mr. Arvind Dadha holds a B.Com degree from Mumbai University and possesses 23 years of industry experience. He oversees product development and marketing functions for the company. His disclosures identify Mr. Kanti Kumar Dadha as his father and the Chairman of the company, and Mr. Ashish Dadha as his brother and the Director & CFO.

Director Re-appointment Details

Director Position Term Start Term End Approval Required
Mr. Shashi Ashok Bekal Non-Executive & Independent Director June 21, 2026 June 20, 2031 Shareholders
n Mr. Kantikumar Dadha Chairman and whole-time Director October 1, 2026 3 Years
Mr. Arvind Dadha Managing Director October 1, 2026 3 Years 36th AGM

Historical Stock Returns for Golkunda Diamonds & Jewellery

1 Day5 Days1 Month6 Months1 Year5 Years
-2.67%-0.80%-8.17%+27.02%+33.87%+732.21%

How will the re-appointment of the Dadha family leadership influence the company's long-term succession planning strategy?

What strategic shifts or new market segments does the board plan to target under Mr. Arvind Dadha's extended leadership?

How might Mr. Bekal's expertise in mergers and restructuring shape potential acquisition or expansion plans in the coming years?

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