Uday Jewellery Industries Reports Stellar Q1 Performance, Appoints New Directors
Uday Jewellery Industries Limited reported impressive Q1 FY2025-26 results with revenue up 172.1% to Rs 1,128.98 lakhs and net profit rising 196.8% to Rs 776.08 lakhs. EPS increased to Rs 3.39 from Rs 1.19. The board reappointed Mr. Sunil Garg as Non-Executive Independent Director and appointed Mr. Dileep Kumar Jain as Additional Non-Executive Independent Director. The company approved related party transactions for FY2025-26 and noted an upcoming shareholders meeting regarding a scheme of arrangement with Narbada Gems & Jewellery Limited.
*this image is generated using AI for illustrative purposes only.
Uday Jewellery Industries Limited has reported impressive financial results for the first quarter, alongside significant board-level changes and upcoming corporate actions.
Strong Financial Performance
The company witnessed a remarkable surge in its financial metrics for Q1:
| Particulars (in Rs. lakhs) | Q1 FY2025-26 | Q1 FY2024-25 | YoY Growth |
|---|---|---|---|
| Revenue from Operations | 1,128.98 | 414.86 | 172.10% |
| Net Profit | 776.08 | 261.52 | 196.80% |
| Basic EPS (in Rs.) | 3.39 | 1.19 | 184.90% |
The company's revenue from operations saw a substantial increase of 172.10% year-over-year, rising from Rs 414.86 lakhs to Rs 1,128.98 lakhs. This growth was accompanied by an even more impressive rise in net profit, which jumped by 196.80% from Rs 261.52 lakhs to Rs 776.08 lakhs.
The robust performance is also reflected in the company's earnings per share (EPS), which stood at Rs 3.39 for the quarter, up from Rs 1.19 in the corresponding quarter of the previous year.
Board Appointments and Reappointments
In a board meeting held on August 9, 2025, Uday Jewellery Industries made several key decisions regarding its leadership:
Re-appointment of Mr. Sunil Garg: The board approved the re-appointment of Mr. Sunil Garg as a Non-Executive Independent Director for a term of five years, effective from August 9, 2025. Mr. Garg brings valuable experience from his current role as an Independent Director at Narbada Gems & Jewellery Ltd., where he has been serving since August 2020.
Appointment of Mr. Dileep Kumar Jain: The board appointed Mr. Dileep Kumar Jain as an Additional Non-Executive Independent Director. Mr. Jain is a seasoned banking and finance professional with over 40 years of experience, including 22 years in development banking with IFCI Ltd. and 18 years in commercial banking with institutions like The Bank of Rajasthan and Punjab National Bank.
Corporate Actions and Future Plans
The board meeting also addressed several other important matters:
Related Party Transactions: Approval was granted for related party transactions for the fiscal year 2025-26.
Scheme of Arrangement: The board noted a scheduled equity shareholders meeting on August 21, 2025, regarding a scheme of arrangement between Narbada Gems & Jewellery Limited and Uday Jewellery Industries Limited.
Authorized Signatories: Mr. Tejas Sanghi and Mr. Uday Sanghi were added as authorized signatories for approving day-to-day transactions and operations in the company's demat account with India International Depository IFSC Limited.
Conclusion
Uday Jewellery Industries Limited's strong Q1 performance, coupled with strategic board appointments and upcoming corporate actions, signals a positive outlook for the company. The significant growth in revenue and profitability demonstrates the company's robust business model and effective execution of its strategies in the jewellery sector.
Historical Stock Returns for Uday Jewellery Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.66% | +3.97% | +1.84% | -16.83% | -12.77% | +19.53% |
18
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
