D.P. Abhushan Reports 105% YoY Net Profit Growth in Q2FY26
Filing Summary
D.P. Abhushan Limited announced its financial results for Q2FY26, reporting a 105% year-on-year increase in net profit, reaching ₹51.4 crores. The company’s EBITDA surged by 99% YoY to ₹75.8 crores, with a margin improvement of 404 basis points. Total revenue for the quarter was ₹967.74 crores, marking a 79% increase quarter-on-quarter but a 4% decline year-on-year due to rising gold prices. The half-year results showed stable revenue at ₹1509.06 crores, with a 71% YoY growth in EBITDA. The company operates 11 showrooms across India, offering a diverse range of jewellery products.
D.P. Abhushan Limited reported its financial performance for the second quarter of the fiscal year 2026. The company achieved a significant increase in its financial metrics, with a 105% year-on-year growth in net profit, reaching ₹51.4 crores. The EBITDA for the quarter surged by 99% year-on-year to ₹75.8 crores. The EBITDA margin improved by 404 basis points compared to the previous year. Total revenue for Q2FY26 was ₹967.74 crores, reflecting a 79% increase quarter-on-quarter but a 4% decline year-on-year.
The financial results for the half-year ending September 30, 2025, showed total revenue of ₹1509.06 crores, remaining flat year-on-year. The EBITDA for the half-year increased by 71% year-on-year to ₹131.05 crores, with a margin improvement of 363 basis points. Profit After Tax (PAT) for the half-year reached ₹87.88 crores, marking a 75% year-on-year increase. The PAT margin improved by 250 basis points to 5.82%.
The company’s operational highlights include a diverse range of jewellery products offered across 11 showrooms in India. D.P. Abhushan Limited operates in various locations, including Ratlam, Indore, Udaipur, Bhopal, Ujjain, Bhilwara, Kota, Banswara, Ajmer, Neemuch, and a second showroom in Ratlam. The product portfolio includes gold, silver, diamond, and platinum jewellery, catering to various occasions with collections such as Wedding, Valentine, Traditional, and more.
During the festive period of Navratri and Dussehra 2025, the company achieved record festive sales of ₹237 crores, registering an 85% year-on-year growth across different jewellery categories. The company noted a healthy demand recovery at the end of September due to the early festive season, despite the challenging industry environment marked by a sharp increase in gold prices.
The financial results were announced on November 3, 2025, with the company highlighting its operational performance amid rising gold prices. The company observed a 45% year-on-year and 8% quarter-on-quarter increase in gold prices, surpassing ₹100,000 per 10 grams in the retail market. This price surge led to deferred consumer purchases, although demand recovered towards the end of the quarter.
D.P. Abhushan Limited, established in 1940, is a prominent name in the jewellery sector, known for its commitment to purity and transparency. The company, listed in 2017, continues to expand its retail presence across India, offering a wide range of high-quality jewellery products. The company focuses on maintaining its legacy of trust and quality in the jewellery industry.