Priority Jewels reports Q2 2026 results with consolidated revenue of ₹1835.34 million

Priority Jewels Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported consolidated revenue of ₹1835.34 million for the quarter and a profit after tax of ₹65.36 million. The half-yearly consolidated revenue stood at ₹3309.33 million, with a profit after tax of ₹130.07 million. The results reflect the company’s performance across its consolidated operations, including subsidiaries and associates.

Priority Jewels Announces Q2 2026 Financial Results

Priority Jewels Limited has officially released its unaudited consolidated financial results for the quarter and half-year ended September 30, 2026. The company reported a consolidated revenue of ₹1835.34 million for the quarter ended September 30, 2026. Profit after tax for the same quarter amounted to ₹65.36 million.

Half-Yearly Performance Highlights

For the half-year ended September 30, 2026, Priority Jewels Limited achieved a consolidated revenue of ₹3309.33 million. The profit after tax for this half-yearly period was ₹130.07 million. The company also reported a total comprehensive income of ₹131.53 million for the half-year.

Standalone Financials and Key Metrics

In terms of standalone financial results, the company posted a revenue of ₹1745.62 million for the quarter ended September 30, 2026, with a profit after tax of ₹65.16 million. For the half-year ended September 30, 2026, standalone revenue was ₹3149.08 million and profit after tax was ₹130.85 million.

The financial results also detailed earnings per equity share (EPS). For the standalone half-year ended September 30, 2026, the basic and diluted EPS were ₹9.75 million. On a consolidated basis, the basic and diluted EPS for the half-year were also ₹9.72 million.

Subsidiary Performance Overview

The consolidated results include financial information from subsidiaries such as Venice Dia Jewel Private Limited and Acura Jewels Private Limited, as well as an associate, Brillix Private Limited. Venice Dia Jewel Private Limited reported a total revenue of ₹82.89 million for the quarter and ₹153.41 million for the half-year. Acura Jewels Private Limited reported NIL revenue for both periods. Bombay Carats.Com Private Limited, another subsidiary, also reported NIL revenue.

Shareholder and Corporate Actions

The Board of Directors also ratified the extension of the ‘Priority Jewels Limited- Employees Stock Option Plan 2025’ (PJL ESOP 2025) to employees of its subsidiary and associate companies. This is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The notice for the 19th AGM, for the financial year ended March 31, 2026, was also approved.

IPO Proceeds Utilization

Details on the utilization of net IPO proceeds were also provided. As of September 30, 2026, the company had utilized ₹973.23 million of the total IPO proceeds of ₹1071.75 million. Key areas of utilization included issue-related expenses (₹121.13 million), repayment of working capital borrowings (₹671.20 million), and general corporate purposes (₹180.90 million). An unutilized amount of ₹98.52 million remains.

Source: BSE

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