StarlinePS Enterprises Reports 27% Revenue Decline and 69% Drop in Net Profit for Q1 FY2026
StarlinePS Enterprises Limited, a diamond and jewelry trading company, reported a 27.20% decrease in consolidated revenue to ₹12.57 crore for Q1 FY2026. Net profit fell by 69.20% to ₹87.94 lakh, with EPS dropping to ₹0.03 from ₹0.66 year-over-year. Despite reducing total expenses by 14.50%, the company's profitability was significantly impacted. In the previous year, the company completed a bonus issue, incorporated a wholly-owned subsidiary, and relocated its registered office to Surat.