Ashapuri Gold Ornament Limited reported robust Q1 results with total income up 18.72% YoY to INR 52.96 crores. EBITDA grew over 34% with margins improving to 9.48%. Gold jewellery sales volume increased 17.90% to 72.03 kg. The company operates at 93% capacity utilization and maintains a 50% full-year growth projection. Ashapuri attributes growth to strong demand for premium antique jewellery and successful participation at the IIJS Premier exhibition. The company focuses on B2B manufacturing for national chains, offering collections under brands Kaavis, Maayin, Arzish, and Anaya. Ashapuri plans to increase manufacturing capacity to 750 kg this quarter, with potential to reach one tonne. Despite global challenges, the company remains confident in achieving growth targets, focusing on capturing a larger share of the organized jewellery manufacturing market.
Ashapuri Gold Ornament Limited announced robust Q1 financial results with total income up 18.72% to ₹52.96 crore, EBITDA up 34.04% to ₹5.02 crore, and PAT up 21.86% to ₹3.17 crore. The company plans to expand into tier-2 cities and pursue B2B growth opportunities with Titan. They secured a new order worth ₹11.00 crore at a recent Gem & Jewellery Show, indicating strong demand for their products. The company aims for sustainable margin improvement and plans to establish long-term supply agreements.
28Jul 25
Ashapuri Gold Ornament Reports 22% Profit Growth in Q1, Appoints New Secretarial Auditors
Ashapuri Gold Ornament Limited announced Q1 financial results with net profit rising 22% to ₹317.08 crore and revenue increasing 19.7% to ₹5,295.31 crore. The company appointed Shah & Shah Associates as Secretarial Auditors for five years, subject to shareholder approval. The Board also approved the draft Director's Report, finalized the 17th AGM notice, and appointed a Scrutinizer for e-voting.
28Jul 25
Ashapuri Gold Ornament Reports 22% Profit Growth in Q1, Appoints New Secretarial Auditors
Ashapuri Gold Ornament Limited reported robust Q1 FY26 financial results. Revenue from operations increased by 19.72% to ₹5,295.31 lakhs, while net profit grew by 21.86% to ₹317.08 lakhs compared to Q1 FY25. The company also made key corporate governance decisions, including the appointment of Secretarial Auditors and preparations for the 17th AGM.
28Jul 25
Ashapuri Gold Ornament Reports 19.7% Revenue Surge and Robust Profit Growth in Q1
Ashapuri Gold Ornament Limited announced impressive Q1 FY2026 results. Revenue from operations increased by 19.7% to ₹5,295.31 crore. Net profit after tax surged 21.9% to ₹317.08 crore. EBITDA improved to ₹500.00 crore, with margin expanding to 9.48%. The board approved Q1 results, appointed Shah & Shah Associates as Secretarial Auditors for five years, and Mukesh H. Shah & Co. as scrutinizer for the upcoming 17th AGM.