Shringar House of Mangalsutra Reports 68% Jump in Quarterly Net Profit
Shringar House of Mangalsutra announced strong financial results for Q1 FY2026. Revenue increased by 22.7% to ₹3,326.06 crore, while net profit jumped 67.7% to ₹285.05 crore compared to the same quarter last year. The company's EPS rose by 64.6% to ₹3.95. This performance indicates robust market demand for the company's products and improved operational efficiency.
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Shringar House of Mangalsutra, a prominent player in the Indian jewelry market, has reported a significant increase in its financial performance for the quarter ended June 30, 2025. The company's unaudited financial results, approved by its Board of Directors on October 7, 2025, reveal substantial growth in both revenue and profitability.
Financial Highlights
| Metric | Q1 FY2026 | Q1 FY2025 | YoY Change |
|---|---|---|---|
| Revenue | ₹3,326.06 | ₹2,710.65 | 22.7% |
| Net Profit | ₹285.05 | ₹169.98 | 67.7% |
| EPS (Basic & Diluted) | ₹3.95 | ₹2.40 | 64.6% |
Revenue Growth
Shringar House of Mangalsutra witnessed a robust increase in its revenue, which grew to ₹3,326.06 crore in the quarter ended June 30, 2025, up from ₹2,710.65 crore in the same period last year. This represents a year-over-year growth of 22.7%, indicating strong market demand for the company's products.
Profit Surge
The company's net profit saw an impressive jump of 67.7%, reaching ₹285.05 crore compared to ₹169.98 crore in the corresponding quarter of the previous year. This substantial increase in profitability outpaced the revenue growth, suggesting improved operational efficiency and cost management.
Earnings Per Share
Reflecting the strong financial performance, the company's earnings per share (EPS) increased significantly. Both basic and diluted EPS stood at ₹3.95 for the quarter, up from ₹2.40 in the same quarter last year, marking a 64.6% increase.
Market Position
As a key player in the mangalsutra segment of the Indian jewelry market, Shringar House of Mangalsutra's strong financial performance may be indicative of growing consumer demand for traditional jewelry items, particularly in the wedding and ceremonial segments.
Conclusion
Shringar House of Mangalsutra's robust financial results for Q1 FY2026 demonstrate the company's strong market position and operational efficiency. The significant growth in revenue and profitability highlights the company's successful performance in the current market conditions.
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