Palm Jewels Limited appointed Ayushi Sahu as its Company Secretary and Compliance Officer effective September 1, 2026. The Board of Directors approved the appointment during a meeting held at the company’s registered office in Ahmedabad on the same day.

The meeting commenced at 4:00 pm and concluded at 5:00 pm. Rohit Dalpatbhai Shah, Managing Director, signed the disclosure filed with BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The Board considered and approved the following key matter:

• Role: Company Secretary & Compliance Officer
• Appointee: Ayushi Sahu (Membership No. A68810)
• Effective Date: September 1, 2026

Ms. Sahu is an Associate member of the Institute of Company Secretaries of India. She possesses good knowledge of Corporate Laws and Legal Compliance Matters.

Palm Jewels stated it will intimate further details as required under Para-A of Schedule III of the SEBI Listing Regulations, read with SEBI circular dated July 13, 2023, to the stock exchange separately.

Contact Information

The company provided the following contact details for the newly appointed officer:

Palm Jewels reported a net profit of ₹21.86 lakh for the quarter ended June 30, 2026, down from ₹25.33 lakh in the same period last year. The Ahmedabad-based jeweller saw revenue from operations rise by 11.3% year-on-year to ₹4,035.57 lakh, up from ₹3,625.25 lakh in Q1FY26.

The company’s Board of Directors approved the unaudited standalone financial results in a meeting held on August 12, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by statutory auditors Bharat H. Shah & Co., who issued an unmodified review report.

Financial Performance

Revenue growth was accompanied by a slight contraction in profitability metrics. While total income increased to ₹4,036.44 lakh from ₹3,625.79 lakh in the previous year’s quarter, total expenses also rose to ₹4,005.85 lakh from ₹3,591.87 lakh.

The profit before tax fell to ₹30.60 lakh from ₹33.92 lakh in the corresponding quarter of FY26. Tax expense for the quarter stood at ₹8.74 lakh (current tax of ₹9.03 lakh less deferred tax assets of ₹0.29 lakh), compared to ₹8.59 lakh in Q1FY26.

What the Numbers Show

A divergence between revenue growth and profit expansion is evident in the Q1FY27 results. While revenue grew by over 11%, net profit declined by nearly 14%. This suggests that cost inflation or margin compression outpaced top-line gains. Purchases, which form the bulk of expenses, rose to ₹4,076.62 lakh from ₹3,284.49 lakh, indicating that input costs likely increased at a faster rate than selling prices or volumes.

Operational Details

The company operates solely in the jewellery business, with no separate reportable segments under Ind AS 108. There are no material individual markets outside India. Paid-up equity share capital remained unchanged at ₹1,004.10 lakh.

The trading window, closed since July 1, 2026, will remain closed for 48 hours following the declaration of these results, as per SEBI’s Prohibition of Insider Trading Regulations.