PNGS Reva Diamond Jewellery Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported revenue from operations of ₹1,205.41 million for the quarter and ₹2,385.14 million for the half-year. Profit before tax stood at ₹310.27 million for the quarter and ₹674.25 million for the half-year.
PNGS Reva Diamond Jewellery Announces Q2 FY27 Financial Results
PNGS Reva Diamond Jewellery Limited has disclosed its unaudited financial results for the second quarter and the half-year ended September 30, 2026. The Board of Directors approved these results at a meeting held on October 26, 2026.
Key Financial Highlights
Quarter Ended September 30, 2026
Revenue from operations for the quarter reached ₹1,205.41 million, compared to ₹1,029.69 million in the same period last year. Other income contributed ₹52.43 million, leading to a total income of ₹1,257.84 million. Total expenses for the quarter were ₹947.57 million. Profit before tax for the quarter was ₹310.27 million, with a tax expense of ₹77.33 million. Consequently, profit for the period stood at ₹232.94 million.
Half-Year Ended September 30, 2026
For the half-year ended September 30, 2026, the company reported revenue from operations of ₹2,385.14 million. Other income amounted to ₹108.19 million, bringing the total income to ₹2,493.33 million. Total expenses for the half-year were ₹1,819.08 million. Profit before tax for this period was ₹674.25 million, with a total tax expense of ₹169.21 million. The profit for the half-year was ₹505.04 million.
Total Comprehensive Income
The total comprehensive income for the quarter, net of tax, was ₹232.80 million. For the half-year, the total comprehensive income was ₹504.78 million. The company also reported other comprehensive income/(loss) for the quarter and half-year, resulting in a net impact on total comprehensive income.
Equity Share Capital and Earnings Per Share
The paid-up equity share capital remained constant at ₹316.98 million. Earnings per equity share (basic and diluted) for the quarter ended September 30, 2026, were ₹7.35, and for the half-year, they were ₹15.93.
Management Comments
The management highlighted that the results for the half-year ended September 30, 2026, will be available on the Stock Exchanges’ websites and the company’s website. As of October 26, 2026, the company operates 34 SIS stores with P. N. Gadgil & Sons Limited and 5 exclusive brand stores.
IPO Proceeds Utilization
Details regarding the utilization of net IPO proceeds as of September 30, 2026, were also provided. A significant portion of the IPO funds was allocated towards setting up new stores and general corporate purposes, with a substantial amount remaining unutilized and temporarily retained in fixed deposits.
Advance Tax Payment
The company has paid income tax by way of advance tax aggregating to ₹100.00 million up to October 26, 2026, for the current Tax Year 2026-27.
Source: BSE