National News
Khazanchi Jewellers Q1 FY26 EBITDA Soars 57%, PAT Up 65%
Khazanchi Jewellers reports a stellar Q1 FY26 with PAT up 65% YoY and EBITDA rising 57%, driven by strong festive demand, premium designs, and sustained consumer confidence in gold and diamond jewellery.
Khazanchi Jewellers Limited, a leading Indian jewellery company specializing in gold, diamonds, precious stones, and bullion, has announced its unaudited financial results for Q1 FY26.
Key Financial Highlights (Q1 FY26 vs Q1 FY25):
| Particulars | Q1 FY26 (₹ Cr) | Q1 FY25 (₹ Cr) | YoY Change |
| Total Income | 403.84 | 381.19 | 5.94% |
| EBITDA | 21.15 | 13.47 | 57.07% |
| EBITDA Margin (%) | 5.24% | 3.53% | +170 bps |
| PAT | 15.15 | 9.20 | 64.73% |
| PAT Margin (%) | 3.75% | 2.41% | +134 bps |
| EPS (₹) | 6.12 | 3.72 | 64.52% |
Commenting on the results, Rajesh Mehta, Chairman & Joint Managing Director, said;

“We are delighted to begin FY26 on a strong note, delivering a 65% YoY growth in PAT during Q1. This was driven by festive and wedding demand, record-high gold prices, and a shift towards lighter yet high-value designs. Our strong presence in Southern India, trusted brand reputation, and curated product mix allowed us to capture value-driven demand. Coupled with industry tailwinds, expanding retail footprint, and operational agility, we are well-positioned to sustain growth and deliver long-term value for stakeholders.”
BrandBuzz
VBJ SINCE 1900 Fiesting Over 2000 Unique Jhumka Designs
VBJ Since 1900 celebrates India’s timeless love for jhumkas with its grand Jhumka Festival, showcasing over 2,000 exquisite designs that blend heritage craftsmanship with modern elegance, extending the celebration through December.
VBJ Since 1900 (Vummidi Bangaru Jewellers) India’s most trusted heirloom jewellery brand continues to captivate jewellery connoisseurs with its Jhumka Festival – the flavour of the season giving patrons a further chance to experience the timeless charm reimagined for today’s generation.



The Jhumka Festival celebrates India’s enduring love for the iconic earrings. Featuring over 2,000 unique designs across the categories, gold, silver, diamond and platinum capturing the intricate artistry and timeless craftsmanship. Blending filigree, temple-inspired motifs and modern silhouettes, each piece is a symphony of creating balance between heritage and contemporary elegance.

Speaking about the festival, Amarendran Vummidi, Managing Partner, VBJ Since 1900, said, “For 125 years, VBJ has honoured India’s jewellery traditions while evolving with changing times. This festival elevates the jhumka from a staple to a hero piece – crafted for movement, identity, and expression.”
Jithendra Vummidi, Managing Partner, VBJ Since 1900, added, “A jhumka is more than an ornament – it holds memory, character, and emotion. With this festival, we celebrate a form that resonates across generations, offering timelessness with relevance.”

As a fifth-generation family-run brand, VBJ Since 1900 takes immense pride in its role as the makers of the historic Sengol (sceptre) – a sacred symbol of India’s democratic journey. Discovered after 72 years, the Sengol was meticulously researched and identified by the VBJ team before being installed beside the Speaker’s chair in India’s new Parliament building. Much like the Sengol, the Jhumka Festival stands as a reflection of VBJ’s continuing mission to honour legacy through artistry and celebrate the stories that shape India’s cultural heritage.
During the festive season of Golu and Diwali last month, VBJ witnessed an overwhelming response to its Jhumka Festival – as customers embraced unique designs that seamlessly blend heritage with contemporary charm. Extending the festival till the mid of December is VBJ’s way of celebrating that continued love and demand. Building on this festive momentum, VBJ also showcased the Jhumka’s at Ignition,held at the ITC Grand Chola.
Through the Jhumka Festival, VBJ Since 1900 celebrates heritage and innovation. The collection, available at VBJ stores in Anna Salai and Anna Nagar as well as online, offers select customisation – continuing the brand’s legacy of timeless elegance and bespoke service.
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