Shankesh Jewellers Ltd. has announced its unaudited standalone financial results for the quarter and half-year ended September 30, 2026. The Board of Directors considered and approved these results, along with the Limited Review Reports issued by the Statutory Auditors. The financial statements reflect the company’s performance during the specified periods, providing key insights into its revenue, expenses, and profitability.
Board Approves Unaudited Financial Results
Shankesh Jewellers Ltd. (formerly known as Shankesh Jewellers Private Limited) has officially announced the outcome of its Board Meeting held on November 5, 2026. During the meeting, the Board considered and approved the company’s unaudited standalone financial results for the quarter and half-year ended September 30, 2026.
Key Financial Disclosures
The approved financial results were accompanied by Limited Review Reports issued by the company’s Statutory Auditors. These reports provide an independent assessment of the financial statements. The unaudited standalone financial results, as of September 30, 2026, detail the company’s performance across various financial metrics including revenue, expenses, profit before and after tax, and comprehensive income.
The statement of assets and liabilities as of September 30, 2026, outlines the company’s financial position, including non-current and current assets, equity, and non-current and current liabilities. The cash flow statement for the period ended September 30, 2026, further details the company’s operating, investing, and financing activities.
IPO Details
Notably, during the quarter ended September 30, 2026, Shankesh Jewellers Ltd. successfully completed its Initial Public Offering (IPO). This included a Fresh Issue of 2,94,82,000 equity shares and an Offer for Sale of 1,00,00,000 equity shares. The equity shares of the Company were listed on the National Stock Exchange (“NSE”) and Bombay Stock Exchange (“BSE”) on August 25, 2026.
The utilization of net IPO proceeds shows significant allocation towards Repayment of Working Capital (1580.00 Millions), Incremental Working Capital requirement (380.00 Millions), and General Corporate Purpose (including issue expenses) (781.83 Millions).
Auditor’s Review Conclusion
The Independent Auditor’s Review Report, issued by V J Shah & Co, Chartered Accountants, provides an unmodified conclusion on the accompanying standalone unaudited financial results for the quarter ended September 30, 2026. The auditors conducted their review in accordance with the Standard on Review Engagements (SRE) 2410.
The meeting during which these results were approved commenced at 11:30 pm and concluded at 12:30 pm on November 5, 2026.
Source: BSE