Palm Jewels FY26 net profit rises 83.6% to ₹99.68 lakh
Palm Jewels Limited reported an 83.6% rise in net profit to ₹99.68 lakh for the financial year ended March 31, 2026, compared to ₹54.29 lakh in the previous year. Revenue from operations for FY26 stood at ₹18,528.53 lakh, a marginal decline from ₹18,974.00 lakh in FY25. For the quarter ended March 31, 2026, the company posted a net profit of ₹15.40 lakh, up from ₹7.40 lakh in the corresponding quarter of the previous year, with revenue from operations for Q4FY26 at ₹4,923.83 lakh.

*this image is generated using AI for illustrative purposes only.
Palm Jewels Limited reported an 83.6% rise in net profit to ₹99.68 lakh for the financial year ended March 31, 2026, compared to ₹54.29 lakh in the previous year. Revenue from operations for FY26 stood at ₹18,528.53 lakh, a marginal decline from ₹18,974.00 lakh in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026.
For the quarter ended March 31, 2026, the company posted a net profit of ₹15.40 lakh, up from ₹7.40 lakh in the corresponding quarter of the previous year. Revenue from operations for Q4FY26 was ₹4,923.83 lakh, higher than ₹3,758.57 lakh in Q4FY25. Total income for the quarter increased to ₹4,924.95 lakh from ₹3,760.22 lakh in the same period last year.
The company’s total assets as of March 31, 2026, stood at ₹2,045.29 lakh, compared to ₹1,986.19 lakh a year earlier. Equity share capital remained unchanged at ₹1,004.10 lakh. Total equity increased to ₹1,647.98 lakh from ₹1,548.30 lakh in the previous year. Borrowings decreased, with non-current borrowings at ₹13.80 lakh and current borrowings at ₹243.59 lakh as of March 31, 2026.
Bharat H. Shah & Co., Chartered Accountants, issued an unmodified opinion on the audited financial results. The report confirms that the financial statements give a true and fair view of the company's net profit and other financial information in conformity with Indian Accounting Standards. The statutory auditors conducted the audit in accordance with the Standards on Auditing specified under the Companies Act, 2013.
Financial Results for FY26
| Particulars | Year Ended 31-03-2026 (₹ in Lakhs) | Year Ended 31-03-2025 (₹ in Lakhs) |
|---|---|---|
| Revenue from operations | 18,528.53 | 18,974.00 |
| Total Income | 18,531.78 | 18,978.02 |
| Total Expenses | 18,396.42 | 18,906.88 |
| Profit before tax | 135.36 | 71.14 |
| Net Profit after tax | 99.68 | 54.29 |
| Earnings per share (Basic) | 0.99 | 0.54 |
Quarterly Performance (Q4FY26)
| Particulars | Quarter Ended 31-03-2026 (₹ in Lakhs) | Quarter Ended 31-03-2025 (₹ in Lakhs) |
|---|---|---|
| Revenue from operations | 4,923.83 | 3,758.57 |
| Total Income | 4,924.95 | 3,760.22 |
| Total Expenses | 4,901.62 | 3,751.60 |
| Profit before tax | 23.33 | 8.62 |
| Net Profit after tax | 15.40 | 7.40 |
The company is engaged in the manufacture and sale of gold jewellery and articles. There are no separate reportable segments as per Ind AS 108. The financial results are available on the company's website and the Bombay Stock Exchange website.
Historical Stock Returns for Palm Jewels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -0.07% | -10.84% | -23.94% | -43.27% | -79.89% |
What strategies will Palm Jewels implement to reverse the marginal decline in full-year revenue while sustaining profit growth?
How will the reduction in borrowings impact the company's capital allocation plans and potential for future expansion?
Will the strong Q4 revenue growth momentum continue into the first quarter of the next financial year?




























