Khazanchi Jewellers delivers strong Q2 and H1 FY26 performance

Khazanchi Jewellers Limited has released its unaudited financial results for Q2 and H1 FY26, reporting strong growth across revenue and profitability. The company, which operates across gold, diamonds, precious stones, and bullion, recorded a significant rise in performance during the quarter and half-year.

In Q2 FY26, total revenue stood at Rs 548.92 crore, reflecting a year-on-year increase of 46.25 per cent. EBITDA reached Rs 32.62 crore with a growth of 112.86 per cent, and EBITDA margin improved to 5.94 per cent. Profit After Tax rose to Rs 23.54 crore, marking a growth of 119.41 per cent, while PAT margin expanded to 4.29 per cent. Earnings Per Share increased to Rs 9.52 with a growth of 118.35 per cent.

For H1 FY26, total revenue reached Rs 952.76 crore, a year-on-year rise of 25.94 per cent. EBITDA came in at Rs 53.78 crore with growth of 86.81 per cent, and the EBITDA margin improved to 5.64 per cent. Profit After Tax rose to Rs 38.70 crore with a growth of 93.66 per cent, and PAT margin expanded to 4.06 per cent. Earnings Per Share reached Rs 15.64, marking a growth of 93.56 per cent.

Rajesh Mehta, Chairman and Joint Managing Director, said, “We are extremely happy that this season has been exceptional for our company, marked by robust performance and remarkable growth in Q2 and H1 FY 2026. We are proud of our team’s dedication, as they have consistently innovated and upgraded our designs to meet customers’ tastes while ensuring affordability even amid soaring precious metal prices. The festive season and pre-Diwali demand have added an additional boost across both retail and wholesale segments”.