Golkunda diamonds & jewellery Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on January 30, 2026, in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Quarterly Financial Performance

The company's financial performance for Q3FY26 showed mixed results compared to the previous year. Net sales from operations declined to ₹6,260.26 lakhs in Q3FY26 from ₹7,380.23 lakhs in Q3FY25. Total income, including other income, reached ₹6,278.26 lakhs compared to ₹7,396.00 lakhs in the corresponding quarter of the previous year.

Nine-Month Cumulative Results

For the nine-month period ended December 31, 2025, the company demonstrated improved performance. Net sales increased to ₹21,298.39 lakhs from ₹19,063.74 lakhs in the corresponding nine-month period of the previous year. Net profit for the nine months stood at ₹985.64 lakhs compared to ₹951.83 lakhs in the same period last year.

Cost Structure and Profitability

The company's total expenditure for Q3FY26 was ₹5,808.80 lakhs compared to ₹6,744.34 lakhs in Q3FY25. Major cost components included consumption of raw materials at ₹5,532.28 lakhs, employee costs of ₹244.41 lakhs, and finance costs of ₹124.14 lakhs. The company benefited from a decrease in stock in trade of ₹393.00 lakhs during the quarter.

Earnings and Tax Position

Profit before tax for Q3FY26 reached ₹469.46 lakhs compared to ₹651.66 lakhs in Q3FY25. Current tax expense was ₹118.00 lakhs, with a prior year tax adjustment credit of ₹2.49 lakhs. The basic and diluted earnings per share for the quarter was ₹5.08 compared to ₹7.07 in the corresponding quarter of the previous year.

Other Comprehensive Income

The company reported other comprehensive income of ₹15.41 lakhs for Q3FY26, primarily due to mark-to-market gains on derivative instruments. This contributed to total comprehensive income of ₹369.35 lakhs for the quarter. The paid-up equity share capital remained unchanged at ₹696.41 lakhs with a face value of ₹10 per share.

Regulatory Compliance

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and have undergone limited review by the company's statutory auditors, R.C. Jain & Associates LLP. The company operates in a single business segment of manufacturing and sale of gems and jewellery, with all figures reported in lakhs except earnings per share.

Golkunda Diamonds & Jewellery Limited , a prominent player in the gems and jewellery sector, has announced its financial results for the first quarter and approved a significant increase in its authorized share capital.

Q1 Financial Performance

For the quarter ended June 30, Golkunda Diamonds reported a net profit of Rs. 313.57 lakhs, compared to Rs. 354.12 lakhs in the same quarter of the previous year, marking a decrease of 11.45%. Despite the decline in profits, the company saw a notable increase in total income, which rose to Rs. 6,961.77 lakhs from Rs. 6,016.42 lakhs year-over-year, representing a growth of 15.71%.

Key financial highlights for Q1:

The company's operating performance showed resilience, with net sales increasing to Rs. 6,943.73 lakhs from Rs. 6,000.67 lakhs in the previous year's corresponding quarter, a growth of 15.72%.

Authorized Share Capital Increase

In a significant move, the Board of Directors has approved an increase in the authorized share capital of the company. The proposal, subject to shareholder approval, aims to raise the authorized share capital from Rs. 7 crore to Rs. 10 crore. This increase will be achieved by creating an additional 30 lakh equity shares of Rs. 10 each, bringing the total number of authorized shares to 1 crore.

Annual General Meeting and Dividend

The company has scheduled its 35th Annual General Meeting (AGM) for September 11, to be held via video conferencing. A final dividend has been proposed, with the record date set for September 11. If approved by shareholders at the AGM, the dividend payment is scheduled for September 25.

Corporate Governance and Compliance

Golkunda Diamonds continues to demonstrate strong corporate governance practices. The company has set September 4 as the cut-off date for e-voting rights, allowing shareholders to participate in the decision-making process electronically.

Market Outlook

While the company has shown growth in revenue, the slight decline in profitability may be attributed to various market factors. The gems and jewellery sector continues to face challenges, including fluctuating precious metal prices and changing consumer preferences.

As Golkunda Diamonds navigates through these market conditions, the proposed increase in authorized share capital could provide the company with additional flexibility for future growth initiatives and capital raising opportunities.

Investors and stakeholders will be keenly watching how the company leverages its increased capital base and adapts to the evolving market dynamics in the coming quarters.