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D.P. Abhushan Delivers Strong Operating Performance in Ǫ2FY2C

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EBITDA surged by 99%YoY, and Net Profit doubles by 105% YoY to Rs.51.4 crores

DP Abhushan Limited, a company marking golden legacy of 85 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 11 different geographics in India, announced its financial results for the Second quarter and half year ended 30th September 2025.

Ǫ2FY2C Highlights

  • Reported Total Revenue of ₹967.74 crore, marking a 79% QoQ growth, though a 4% decline YoY due to a sharp increase in gold prices.
  • EBITDA stood at ₹75.80 crore, up 37% QoQ and 99% YoY, with an EBITDA margin of 7.83%, improving 404 bps YoY.
  • Profit After Tax (PAT) rose to ₹51.46 crore, a 41% QoQ and 105% YoY increase, and the margin improved to 5.32%, up 282 bps YoY.

H1FY2C Highlights

  •  Total Revenue for H1FY26 was ₹1509.06 crore, flat YoY.
  • EBITDA increased to Rs.131.05 crore, a 71% YoY growth, with an EBITDA margin of 8.68%, up 363 bps YoY.
  • PAT for the half year reached ₹87.88 crore, a 75% YoY increase. Margin improved to 5.82%, up 250 bps YoY.

Commenting on the performance, Santosh Kataria, Managing Director, said: “We are pleased to report a resilient performance in Ǫ2FY2C, despite the challenging industry environment. The quarter was marked by a sharp surge in gold prices, rising nearly 45% YoY and 8%, surpassing Rs.100,000 per 10 grams in the retail market. This unprecedented increase, driven by global economic uncertainties, led many consumers to defer purchases in anticipation of a price correction or stabilisation. However, a healthy demand recovery was observed at the end of Sept due to the early festive season.

Amid these headwinds, D. P. Abhushan delivered a healthy operational performance with EBITDA reflecting 22% YoY to ₹75.80 crore. Profit After Tax rose 105% YoY to Rs.51.46 crore, with PAT margin improving by 282 bps to 5.32%. During the festive period of Navratri and Dussehra 2025, the Company achieved record festive sales of Rs.237 crore, registering an 85% YoY growth across gold, silver, diamond, and other jewellery categories. With encouraging consumer sentiment and the onset of the wedding season, we remain optimistic. Our continued focus on design-led diamond collections, supported by a strong gold jewellery base across our stores, positions us well for sustainable growth in the coming quarters.”

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National News

Bhima Gold Unveils Ashtalakshmi Coin Collection for Akshaya Tritiya, Blending Devotion with Exquisite Design

A culturally rooted, insight-led launch that reimagines festive gold buying through storytelling, symbolism, and spiritual relevance.

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In a move that blends cultural storytelling with product innovation, Bhima Gold has unveiled its Ashtalakshmi Coin Collection for Akshaya Tritiya – positioning gold not just as a purchase, but as a deeply symbolic expression of prosperity, faith, and intent.

Timed with one of India’s most significant gold-buying occasions, Akshaya Tritiya, the launch reflects a deeper cultural shift in consumer behaviour. While the festival continues to drive strong purchase intent, there is a growing preference for meaningful, purpose-led buying experiences over purely transactional consumption.

Aligned with this evolving mindset, the Ashtalakshmi coin collection has been thoughtfully conceptualised to blend tradition with deeper symbolism. Inspired by the eight sacred forms of Goddess Lakshmi, each coin represents a distinct dimension of prosperity—from wealth and nourishment to courage, knowledge, and continuity.

By bringing together Adi Lakshmi, Dhana Lakshmi, Dhanya Lakshmi, Gaja Lakshmi, Santana Lakshmi, Veera Lakshmi, Vijaya Lakshmi and Vidya Lakshmi, the collection reframes gold coins from being a generic festive purchase to a story-driven, culturally immersive product experience – one that resonates across generations and belief systems.

This launch also aligns with Bhima Gold’s larger centenary narrative of “Together Purever,” which focuses on legacy, shared traditions, and evolving consumer meaning. The collection becomes an extension of that philosophy – reinforcing how heritage brands are reinterpreting tradition for a more aware and emotionally driven consumer.

Customers can pre-book their favourite jewellery by paying just 10% in advance & get their jewellery on Akshaya Tritiya at the lowest rate, which gives customers more flexibility and helps them plan their purchases with greater confidence, especially at a time when gold prices are high.

Akshaya Tritiya has traditionally been associated with intention, belief, and the aspiration for prosperity, extending beyond a purely transactional act of buying gold. The Ashtalakshmi Coin Collection has been conceptualised to reflect this deeper cultural and spiritual significance, with each coin designed to carry a distinct meaning and sense of purpose. The initiative also aligns with evolving consumer preferences, where there is a noticeable shift towards jewellery that offers emotional, cultural, and spiritual resonance in addition to intrinsic value.

With gold prices near record highs and consumer sentiment becoming more considered, Bhima’s Ashtalakshmi Coin Collection signals a broader shift in the category — from price-led promotions to meaning-led engagement, where design, storytelling, and cultural relevance drive both differentiation and demand.

As legacy brands navigate a new era of conscious consumption, Bhima Gold’s latest offering highlights how tradition can be reimagined as experience, making gold buying not just an act of investment, but an expression of identity and belief.

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