S.M. Gold Limited has announced its unaudited standalone financial results for the third quarter ended December 31, 2025, showcasing significant revenue expansion alongside adjusted profitability metrics. The Ahmedabad-based company's board approved these results during a meeting held on February 11, 2026, in compliance with SEBI listing regulations.

Financial Performance Overview

The company demonstrated robust revenue growth during Q3FY26, with total revenue reaching ₹5,274.66 lakhs compared to ₹4,160.96 lakhs in the corresponding quarter of the previous year. This growth was primarily driven by increased revenue from operations, which expanded substantially during the reporting period.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, S.M. Gold Limited reported comprehensive business expansion with total revenue of ₹12,299.59 lakhs compared to ₹7,312.23 lakhs in the corresponding period of the previous year. The company achieved net profit of ₹78.56 lakhs for the nine-month period, representing growth from ₹47.34 lakhs in the previous year.

Operational Expenses and Cost Structure

The company's expense profile reflected the expanded business operations, with total expenses reaching ₹5,243.82 lakhs in Q3FY26. Key expense components included:

• Purchase of Stock-in-Trade: ₹3,782.78 lakhs
• Changes in inventories: ₹1,402.65 lakhs
• Employee Benefit Expense: ₹7.50 lakhs
• Financial Costs: ₹28.75 lakhs
• Other Expenses: ₹22.14 lakhs

Capital Structure and Share Information

S.M. Gold Limited maintained a paid-up equity share capital of ₹1,323.75 lakhs as of December 31, 2025, with shares having a par value of ₹10 each. The company reported basic and diluted earnings per share of ₹0.16 for Q3FY26, reflecting the current quarter's profitability on a per-share basis.

Regulatory Compliance and Audit

The financial results underwent limited review by Shah Karia & Associates, Chartered Accountants, who confirmed compliance with Indian Accounting Standards and SEBI listing regulations. The audit committee reviewed and the board of directors approved these results during their meeting held on February 11, 2026, ensuring adherence to corporate governance standards.

SM Gold , a prominent player in the gold and jewelry industry, has announced significant changes to its auditing team and confirmed the date for its upcoming Annual General Meeting (AGM).

New Statutory Auditors Appointed

The company's Board of Directors has approved the appointment of M/s Shah Karia & Associates as the new Statutory Auditors. This appointment, subject to shareholder approval at the forthcoming AGM, is for a term of five consecutive financial years, from FY 2025-26 to FY 2029-30.

Shah Karia & Associates, established in 2010, brings extensive experience in various financial services. Their expertise spans across Assurance and Business Advisory, Risk Management, Transaction Advisory, Tax and Legal Services, and Business Process Outsourcing.

Secretarial Auditor Appointment

The Board has also approved the appointment of M/s Neelam Somani & Associates as the Secretarial Auditor for the same five-year period. Neelam Somani & Associates boasts over a decade of experience in secretarial and legal matters, with particular expertise in SEBI regulations, stock exchange listing agreements, and company law.

AGM Scheduled for September 29

SM Gold has set Monday, September 29, as the date for its 8th Annual General Meeting. The AGM will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), adhering to guidelines issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

E-voting and Book Closure Dates

The company has announced the following key dates:

• E-voting Period: September 26 (9:00 A.M. IST) to September 28 (5:00 P.M. IST)
• Book Closure: September 22 to September 29 (both days inclusive)

These announcements reflect SM Gold's commitment to maintaining transparent and efficient corporate governance practices. The new auditor appointments, subject to shareholder approval, are expected to bring fresh perspectives to the company's financial and secretarial auditing processes.

Investors and stakeholders are advised to mark their calendars for the upcoming AGM and take note of the e-voting period to ensure their participation in the company's decision-making process.