News Earnings Sunraj Diamond Exports Reports Q3FY26 Results with Revenue Growth but Lower ProfitabilitySunraj Diamond Exports Reports Q3FY26 Results with Revenue Growth but Lower Profitability
Sunraj Diamond Exports Limited reported Q3FY26 results showing revenue growth to ₹140.56 lakhs from ₹53.40 lakhs in Q3FY25, but net profit declined significantly to ₹0.88 lakhs from ₹11.19 lakhs. Nine-month revenue increased to ₹231.27 lakhs versus ₹92.31 lakhs previously, while net profit dropped to ₹2.37 lakhs from ₹31.53 lakhs. The gems and precious metals trading company received unmodified audit opinions and maintains operations through its Dubai subsidiary.
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Sunraj Diamond Exports Limited has released its unaudited financial results for the quarter ended December 31, 2025, showing a mixed performance with strong revenue growth but reduced profitability compared to the previous year. The Mumbai-based company, engaged in trading gems and precious metals, reported these results following approval by its Board of Directors on January 30, 2026.
Quarterly Financial Performance
The company's Q3FY26 results demonstrate significant revenue expansion alongside margin pressures. Revenue from operations surged to ₹140.56 lakhs from ₹53.40 lakhs in Q3FY25, marking substantial growth in the company's core business activities.
| Metric | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹140.56 lakhs | ₹53.40 lakhs | +163.3% |
| Total Income | ₹140.16 lakhs | ₹55.67 lakhs | +151.7% |
| Net Profit | ₹0.88 lakhs | ₹11.19 lakhs | -92.1% |
| Earnings Per Share (Basic) | ₹0.02 | ₹0.21 | -90.5% |
Nine-Month Performance Analysis
The year-to-date figures for the nine months ended December 31, 2025, reflect similar trends with robust revenue growth but compressed profitability. Total revenue reached ₹231.27 lakhs compared to ₹92.31 lakhs in the corresponding period of FY25.
| Parameter | 9MFY26 | 9MFY25 | Variance |
|---|---|---|---|
| Revenue from Operations | ₹231.27 lakhs | ₹92.31 lakhs | +150.5% |
| Net Profit | ₹2.37 lakhs | ₹31.53 lakhs | -92.5% |
| Total Expenses | ₹254.13 lakhs | ₹98.73 lakhs | +157.4% |
Expense Structure and Operational Metrics
The company's expense analysis reveals key operational dynamics during Q3FY26. Purchase of stock-in-trade increased to ₹40.60 lakhs from ₹19.35 lakhs in Q3FY25, while change in inventories showed ₹88.63 lakhs compared to ₹15.80 lakhs in the previous year quarter.
Employee benefits expense remained relatively stable at ₹4.20 lakhs versus ₹4.68 lakhs in Q3FY25. Other expenses increased to ₹5.25 lakhs from ₹3.97 lakhs, while finance costs remained minimal at ₹0.07 lakhs.
Consolidated Results and Subsidiary Operations
The consolidated financial results, which include subsidiary Sunraj Diamonds DMCC, show similar performance patterns. Consolidated net profit for Q3FY26 stood at ₹0.88 lakhs compared to ₹11.19 lakhs in Q3FY25. The subsidiary contributed nil revenue and reported no net loss during the quarter.
Corporate Governance and Compliance
The financial results received unmodified limited review reports from statutory auditors Govind Prasad & Co., Chartered Accountants, for both standalone and consolidated statements. The company maintains its paid-up equity share capital at ₹53.30 lakhs with a face value of ₹10.00 per share.
The company operates exclusively in the gems and precious metals trading segment, making segment reporting under Ind-AS 108 not applicable. All financial statements comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
