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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.

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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):

ParticularsQ1 FY26 (₹ Cr)Q1 FY25 (₹ Cr)YoY Change
Total Income403.84381.195.94%
EBITDA21.1513.4757.07%
EBITDA Margin (%)5.24%3.53%+170 bps
PAT15.159.2064.73%
PAT Margin (%)3.75%2.41%+134 bps
EPS (₹)6.123.7264.52%

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.”

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GJEPC Conducts Intensive Training for Customs Officials in Kolkata to Strengthen Gem & Jewellery Appraisal

Four-day programme enhances officers’ expertise in gemstone identification, metal purity testing, and valuation to support smoother export operations.

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The Gem & Jewellery Export Promotion Council (GJEPC) Kolkata Regional Office successfully conducted a four-day Gold Appraiser and Valuer Training Programme from 1st to 4th December 2025 at the Kolkata Customs Air Cargo Commissionerate. The initiative aimed to enhance the technical capabilities of customs officers involved in handling gems, precious stones, gold, and jewellery shipments.

Led by Koushik SV, Head of Skill Development, GJEPC, the sessions covered critical areas including gemstone and diamond identification, precious metal purity testing using XRF technology, and essential assaying and valuation methodologies. The training was designed to equip officers with practical, hands-on skills to ensure accurate assessment and faster clearances.

Pankaj Parekh, Regional Chairman – East, GJEPC, emphasised that efficient export facilitation depends on knowledgeable and well-trained customs officers. He noted that capacity-building programmes like this significantly contribute to the industry’s ease of doing business.

The programme concluded with a certificate distribution ceremony graced by Chief Guest R. Srinivasa Naik, IRS, Chief Commissioner of Customs, and Guest of Honour Shri Shivaji Dange, IRS, Principal Commissioner of Customs (Airport & ACC). Joint Commissioner Shilpi Srivastava and senior officials were also present. In his remarks, Srinivasa Naik commended GJEPC for organising the initiative and encouraged more such training efforts to enhance operational efficiency at the cargo shed.

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