PNGS Reva Diamond Jewellery announced robust financial results for the second quarter and first half of FY27. Revenue from operations (excluding gold sales) saw a significant year-on-year increase of 46.25% in Q2 FY27 and 75.75% in H1 FY27. This growth was achieved despite fewer festive days in the current quarter, highlighting strong consumer demand and the resilience of the Reva brand.
PNGS Reva Diamond Jewellery Reports Strong Q2 & H1 FY27 Performance
PNGS Reva Diamond Jewellery has reported a strong financial performance for the second quarter and the first half of the financial year 2027. Excluding gold sales, the company achieved a year-on-year revenue growth of 46.25% in Q2 FY27 and a substantial 75.75% in H1 FY27.
Key Financial Highlights
The company’s financial results demonstrate significant expansion and improved profitability:
- Revenue from Operations (Excluding Gold Sales): Q2 FY27 saw a 46.25% YoY growth, while H1 FY27 experienced a 75.75% YoY growth.
- Gross Profit: Increased to ₹793 Mn in H1 FY27, with a Gross Margin of 33%.
- EBITDA: Reached ₹626 Mn in H1 FY27, reporting a margin of 26%.
- PAT (Profit After Tax): Stood at ₹505 Mn in H1 FY27, with a PAT Margin of 21%.
Strategic Growth and Outlook
The company highlighted its ongoing retail expansion strategy, including the launch of three COCO (Company Owned, Company Operated) stores during FY27. The recent launch of the e-commerce platform, revadiamonds.com, is also expected to further strengthen the company’s digital presence and market reach. The management anticipates continued demand support from the upcoming festive and wedding seasons, particularly in Q3.
PNGS Reva Diamond Jewellery attributes its success to the resilience of the Reva brand, a robust business model, and a focus on disciplined expansion and enhanced customer engagement, aiming for sustainable, profitable, long-term growth.
Operational Performance
- Operational Highlights (H1FY27): The company operates 34* SIS Stores and 5* COCO Stores across 4 States and 26 Cities.
- Inventory Turn: Recorded at 1.04 Times.
- Permanent Employee Count: 88.
*As on date, Inventory Turn is calculated on an annualized basis.
Source: BSE
