Swarnsarita Gems , a prominent player in the Indian jewelry sector, has announced its unaudited financial results for the second quarter ended September 30, 2025, showcasing a robust performance with substantial improvement in profitability.

Financial Highlights

The company's financial results for Q2 FY2026 reflect a strong growth trajectory:

The standalone financial results show a significant year-over-year increase in revenue from operations, rising from Rs. 20,356.34 lacs in Q2 FY2025 to Rs. 25,372.56 lacs in Q2 FY2026, marking a robust growth of 24.64%. This substantial revenue growth has translated into improved profitability, with the net profit after tax increasing by 11.90% to Rs. 599.69 lacs, compared to Rs. 535.92 lacs in the same quarter of the previous fiscal year.

Operational Performance

The company's operational efficiency is evident in its ability to manage costs effectively despite the increase in revenue. The cost of material consumed saw a proportionate increase, aligning with the revenue growth. However, the company managed to keep other expenses in check, contributing to the overall profitability.

Corporate Governance

In a move that underscores its commitment to strong corporate governance, Swarnsarita Gems' Board of Directors approved an amended Related Party Policy during their meeting held on November 14, 2025. This step is likely to enhance transparency and ensure compliance with regulatory requirements.

Balance Sheet Strength

As of September 30, 2025, the company's balance sheet remains robust:

• Total Assets stood at Rs. 23,390.25 lacs
• Total Equity increased to Rs. 14,406.64 lacs
• Current Assets were reported at Rs. 22,261.89 lacs

The company's strong asset base and healthy equity position provide a solid foundation for future growth and expansion initiatives.

Market Outlook

While the company has not provided specific forward-looking statements, the jewelry sector in India continues to show resilience and growth potential. Swarnsarita Gems' strong performance in Q2 positions it well to capitalize on market opportunities.

The board meeting, which commenced at 06:00 PM (IST) on November 14, 2025, concluded at 08:00 PM (IST), reflecting a thorough review and approval process for the financial results and policy amendments.

Swarnsarita Gems , a prominent player in the jewelry segment, has announced its unaudited financial results for the first quarter. The company has reported a significant turnaround in its performance compared to the previous quarter.

Financial Highlights

Comparative Performance

The company's performance shows a mixed trend when compared to the same quarter last year:

• The net profit of 535.47 crore this quarter is slightly lower than the 567.69 crore reported in the corresponding quarter of the previous year.
• However, it represents a significant recovery from the loss incurred in the immediately preceding quarter.

Consolidated Results

On a consolidated basis, which includes its wholly-owned subsidiary Swarnsarita Trading Private Limited, the company reported:

Segment Performance

Swarnsarita Gems operates primarily in the jewelry segment, with some trading activities. The jewelry segment continues to be the main revenue driver for the company.

Board Approval and Audit Review

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) and comply with the requirements of SEBI regulations.

Conclusion

Swarnsarita Gems' quarterly results demonstrate a strong recovery from the previous quarter's loss, indicating improved operational efficiency and market performance. The company's ability to maintain profitability close to last year's levels reflects its resilience in the jewelry sector.