Manoj vaibhav gems 'N' Jewellers Limited delivered robust financial performance in Q3FY26, demonstrating strong growth momentum in the jewellery retail segment. The company's Board of Directors approved the quarterly results for the period ended December 31, 2025, alongside a significant strategic investment in warehouse infrastructure.

Strong Financial Performance in Q3FY26

The company reported impressive growth across key financial metrics for the third quarter ended December 31, 2025. Net profit increased substantially by 36.63% year-on-year, while revenue from operations showed strong expansion of 37.63% compared to the corresponding quarter in the previous year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company maintained its growth trajectory with consistent performance improvements. Revenue from operations reached ₹1,989.56 crores compared to ₹1,678.92 crores in the corresponding nine-month period of the previous year, marking an 18.50% increase.

Strategic Warehouse Asset Acquisition

The Board of Directors approved a significant strategic investment in warehouse infrastructure. The company will purchase a fully constructed and occupied warehouse facility spanning 1,50,000 square feet, which operates as a fully leased process sequencing warehouse with a Kia partner company as the tenant.

Exceptional Items and Regulatory Impact

The company recorded exceptional items of ₹1.44 crores in Q3FY26, attributed to the one-time impact of New Labour Codes effective from November 21, 2025. This represents immediate recognition of past service cost as per Ind AS 19 requirements for changes in employee benefit plans due to legislative amendments. The government is currently in the process of notifying related rules, with future impacts to be assessed upon notification.

Operational Highlights

The company operates exclusively in the jewellery retail business segment, with no separate reportable segments as per Ind AS 108. The financial results demonstrate strong operational efficiency with total expenses of ₹641.17 crores in Q3FY26 compared to ₹472.40 crores in Q3FY25. The company maintains a debt-free status with no subsidiaries, associates, or joint ventures as of December 31, 2025.

Manoj vaibhav gems 'N' Jewellers Limited has announced its expansion plans with a new jewellery store opening at Chandanagar, Hyderabad. The company informed stock exchanges on February 04, 2026, about this strategic retail expansion under regulatory disclosure requirements.

Store Development Update

The company has disclosed that it has taken active steps towards establishing the new jewellery outlet in Chandanagar, Hyderabad. The store is expected to operationalize soon, though the exact opening date remains to be confirmed.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires listed companies to disclose material events and information that could impact investor decisions.

The disclosure was submitted to both major stock exchanges where the company's shares are listed:

• BSE Limited: Scrip Code 543995
• National Stock Exchange: Symbol MVGJL

Company Background

Manoj Vaibhav Gems 'N' Jewellers Limited operates from its registered office in Visakhapatnam, Andhra Pradesh. The company's corporate office is also located in Visakhapatnam, with contact details including phone number +91 891 663 7777 and email info@vaibhavjewellers.in .

The company secretary and compliance officer Bandari Shiva Krishna signed the regulatory filing, ensuring proper compliance with listing obligations. The new Hyderabad store represents the company's continued expansion in the jewellery retail segment across strategic locations.