Asian Star Company Reports Strong Q1 Results and Reappoints Key Executives
Asian Star Company Limited announced robust Q1 financial results with a consolidated net profit of Rs. 1,934.45 crore, up 10.6% year-on-year. Consolidated revenue from operations reached Rs. 71,654.44 crore. The company's diamond segment generated Rs. 54,689.71 crore in revenue, while the jewellery segment contributed Rs. 20,134.29 crore. The Board of Directors approved the reappointment of three key executives: Vipul Shah as CEO & Managing Director, Arvind Shah as Wholetime Director & CFO, and Rahil Shah as Wholetime Director, for five-year terms starting January 1, 2026.
12Aug 25
Asian Star Co Reports Q1 Net Profit Growth Amid Revenue Decline
Asian Star Company Limited announced Q1 financial results with mixed performance. Net profit increased by 10.3% to ₹193.00 crore, while revenue decreased by 5.6% to ₹7,165.44 crore. EBITDA fell to ₹217.00 crore, with margin compression to 3.03%. The company's diamond segment generated ₹5,468.97 crore in revenue, jewelry segment ₹2,013.43 crore, and others ₹113.84 crore. The Board approved Q1 financial results and re-appointed key management personnel for five-year terms.
30May 25
Asian Star Co. Declares Dividend Amid Q4 Financial Challenges
Asian Star Co., a diamond industry player, announced its Q4 financial results showing significant declines. Revenue dropped 14.14% to ₹8.50 billion, EBITDA fell 83.80% to ₹46.00 million, and the company reported a net loss of ₹45.00 million, down 124.19% year-over-year. Despite financial challenges, a dividend of ₹1.50 per share was declared.