Palm Jewels Limited has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, demonstrating strong profitability growth despite revenue challenges. The gold jewellery manufacturer reported significant improvement in net profit margins, reflecting enhanced operational efficiency and cost management.

Financial Performance Overview

The company's financial performance for Q3FY26 showed mixed results with strong profit growth offsetting revenue decline:

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Palm Jewels demonstrated consistent profitability improvement:

Cost Management and Operational Efficiency

The company's improved profitability despite lower revenue indicates effective cost management strategies. Purchase of stock-in-trade decreased to ₹5,357.64 lakhs in Q3FY26 from ₹7,522.25 lakhs in Q3FY25. Employee benefits expense reduced significantly to ₹9.86 lakhs from ₹21.03 lakhs year-on-year. Other expenses also declined substantially to ₹30.50 lakhs in Q3FY26 compared to ₹82.81 lakhs in the corresponding quarter last year.

Sequential Quarter Performance

Comparing Q3FY26 with Q2FY26, the company showed strong sequential growth with revenue increasing from ₹4,159.42 lakhs to ₹5,820.03 lakhs, representing a 39.92% quarter-on-quarter improvement. Net profit also grew from ₹18.62 lakhs in Q2FY26 to ₹40.33 lakhs in Q3FY26.

Corporate Governance and Compliance

The Board of Directors approved these results in their meeting held on February 13, 2026, at the company's registered office. The financial results underwent limited review by statutory auditors Bharat H. Shah & Co., who issued an unmodified review report. The company maintains its paid-up equity share capital at ₹1,004.10 lakhs with face value of ₹10 per share, remaining unchanged across all reported periods.

Palm Jewels Limited has issued a clarification to BSE regarding recent movements in its share price, stating that the fluctuations are purely market-driven with no underlying price-sensitive developments from the company.

Company Response to BSE Inquiry

In a formal communication dated January 16, 2026, Palm Jewels Limited responded to BSE's clarification request under Regulation 30(10) of SEBI (LODR) Regulations, 2015. The company's Managing Director, Rohit Dalpatbhai Shah, signed the response addressing concerns about significant price movements in the company's shares.

Key Clarifications Provided

The company made several important clarifications in its response to the stock exchange:

• No pending price-sensitive information or announcements that could have influenced share price behavior
• Share price movements are attributed to market forces rather than company-specific developments
• Commitment to timely disclosure of all material information as required under applicable regulations
• Assurance of continued compliance with stock exchange disclosure requirements

Regulatory Compliance Statement

Palm Jewels Limited emphasized its commitment to regulatory compliance, stating that the company will ensure the stock exchange is duly informed of all information and announcements required to be disclosed under applicable regulations. The company reiterated that such disclosures will be made as and when required, maintaining transparency with market participants.

Company Background

Palm Jewels Limited operates in the diamond, gems and jewellery sector with its registered office located in Ahmedabad, Gujarat. The company maintains its corporate website at www.palmjewelsltd.com and can be contacted through compliance.pjl@gmail.com for investor-related queries.