Ashapuri Gold Ornament Limited , a prominent player in the gold jewelry manufacturing sector, has announced its unaudited standalone financial results for the second quarter and half-year ended September 30, 2025, showcasing remarkable growth in revenue and profitability.

Key Financial Highlights

Quarterly Performance

Ashapuri Gold Ornament Limited reported a substantial increase in its revenue from operations for Q2 FY26, reaching ₹10,240.39 lakhs, marking a 93.39% growth compared to ₹5,295.31 lakhs in Q1 FY26. The company's net profit after tax for Q2 FY26 stood at ₹846.95 lakhs, showing a significant 167.11% increase from ₹317.08 lakhs in the previous quarter.

Half-Yearly Results

For the half-year ended September 30, 2025, the company's revenue from operations amounted to ₹15,535.70 lakhs, with a net profit after tax of ₹1,164.02 lakhs. This represents a notable improvement in the company's financial performance compared to the same period in the previous year.

Balance Sheet Strength

The company's balance sheet as of September 30, 2025, reflects a strong financial position:

• Total assets increased to ₹16,972.52 lakhs from ₹15,321.14 lakhs as of March 31, 2025.
• Shareholders' equity (including share capital and other equity) stood at ₹16,015.59 lakhs, indicating a robust capital structure.
• Current assets, including inventories and trade receivables, totaled ₹15,628.83 lakhs, providing ample liquidity for operations.

Management Commentary

The Board of Directors approved these results in their meeting held on November 11, 2025. While specific management comments were not provided, the strong financial performance suggests effective execution of the company's business strategies in the gold jewelry sector.

Investor Conference Call

Ashapuri Gold Ornament Limited has rescheduled its investor and analyst conference call to Tuesday, November 18, 2025, at 2:00 PM IST. This call will provide an opportunity for investors and analysts to discuss the company's performance for Q2 and H1 FY26 with the management team.

About Ashapuri Gold Ornament Limited

Ashapuri Gold Ornament Limited is engaged in the manufacturing and sale of gold jewelry and articles of various designs. The company's strong performance in Q2 FY26 reflects its ability to capitalize on market opportunities in the jewelry sector.

Investors and stakeholders are advised to attend the upcoming conference call for more detailed insights into the company's performance and future outlook.

Note: All financial figures are in Indian Rupees (₹) and are reported on a standalone basis.

Ashapuri Gold Ornament Limited , a company currently listed on the BSE (Scrip Code: 542579), is making strategic moves to expand its market presence. The company's Board of Directors has approved a significant proposal that could reshape its standing in the Indian stock market.

NSE Main Board Listing Proposal

During a board meeting held on September 4, 2025, Ashapuri Gold Ornament Limited's directors gave their nod to a proposal for direct listing on the National Stock Exchange of India's (NSE) main board. This decision marks a potential milestone in the company's journey, as it seeks to broaden its investor base and enhance its market visibility.

Shareholder Approval Required

The proposal for NSE listing is not final yet. It is subject to shareholder approval, which will be sought at the upcoming 17th Annual General Meeting (AGM) of the company. The board has also approved a revised notice for this AGM, likely incorporating this significant agenda item.

Board Meeting Details

The board meeting where these decisions were made was a brief but productive session. It commenced at 11:00 AM IST and concluded at 11:30 AM IST on September 4, 2025. During this half-hour, the directors also addressed other agenda items, though specific details of these were not disclosed.

Management's Statement

Mr. Saremal C Soni, the Managing Director of Ashapuri Gold Ornament Limited, signed off on the official communication to the BSE regarding the outcome of the board meeting. This underscores the importance of the decisions made, particularly the NSE listing proposal.

Looking Ahead

As Ashapuri Gold Ornament Limited moves forward with its plans for NSE listing, investors and market watchers will be keenly awaiting the outcome of the upcoming AGM. The shareholder's decision on this proposal could potentially open new avenues for the company in terms of trading volumes, liquidity, and market reach.

The company's strategic move to seek listing on NSE's main board, if approved, could mark a new chapter in its growth story, potentially offering enhanced opportunities for both the company and its stakeholders.