Golkunda Diamonds & Jewellery sees a significant rise in profit and revenue for Q1 FY27, driven by stronger margins, export success, and new domestic initiatives, marking a promising start to the financial year amid a buoyant sector.
Golkunda Diamonds & Jewellery has opened FY27 with a sharp rise in profit and revenue, supported by stronger margins and a solid showing from its export business. The Mumbai-based company said revenue for the quarter to June 30 rose 22.72% year on year to ₹85.21 crore, while EBITDA climbed 69.32% to ₹8.64 crore and profit after tax increased 63.93% to ₹5.14 crore.
The improvement in profitability was matched by margin gains. EBITDA margin rose to 10.12% from 7.35% a year earlier, while PAT margin improved to 6.02% from 4.52%, reflecting better operating leverage. Chairman and whole-time director Kantikumar Dadha said the quarter reflected the strength of the company’s export base, built over three decades across Europe and the Gulf, while also pointing to the launch of a domestic manufacturing facility in Mumbai, a push into lab-grown diamonds and plans for B2C retail.
The latest quarterly performance builds on a steady run in the previous financial year. Stock Analysis data show Golkunda’s operating revenue for the year ended March 31, 2026, rose 11.51% to ₹281.5 crore, with EBITDA of ₹22.02 crore and net income of ₹13.69 crore. The company, which has been listed on BSE since 1992, makes diamond-studded gold and fine jewellery and supplies major retail chains in Europe and the Middle East.
The results also arrive during a broadly firm period for listed jewellery companies. BlueStone reported a revenue rise of nearly 50% in its latest quarter and returned to profit, while P N Gadgil Jewellers posted revenue growth of 40.7% and a 51.9% increase in PAT, though both companies noted that quarterly trends can be uneven. Against that backdrop, Golkunda’s smaller base makes its margin expansion stand out, even as the firm remains in an early phase of widening its domestic presence.
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