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Khazanchi Jewellers Reports Strong Q2 FY26 Performance With 113% EBITDA and 119% PAT Growth

Strong festive demand, design innovation, and expanding retail and wholesale networks power Khazanchi Jewellers’ standout growth in Q2 and H1 FY26.

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Khazanchi Jewellers
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Khazanchi Jewellers Limited, a leading Indian jewellery company known for its gold, diamond, precious stone, and bullion offerings, has announced robust unaudited financial results for Q2 and H1 FY26, showcasing significant growth across key metrics.

Khazanchi Jewellers – Financial Highlights (Q2 & H1 FY26)

MetricQ2 FY26YoY GrowthH1 FY26YoY Growth
Total Revenue₹548.92 Cr46.25%₹952.76 Cr25.94%
EBITDA₹32.62 Cr112.86%₹53.78 Cr86.81%
EBITDA Margin5.94%+186 bps5.64%+184 bps
PAT₹23.54 Cr119.41%₹38.70 Cr93.66%
PAT Margin4.29%+143 bps4.06%+142 bps
EPS₹9.52118.35%₹15.6493.56%

Rajesh Mehta

Commenting on the company’s strong performance, Rajesh Mehta, Chairman & Joint Managing Director, said the quarter marked exceptional growth driven by sustained innovation, enhanced design offerings, and affordability despite volatile precious metal prices. He noted that festive and pre-Diwali demand significantly boosted both retail and wholesale operations.

He added that the company’s diamond brand, Vajraa Diamonds by Khazanchi, is strengthening its presence in premium segments and elevating brand visibility. With a growing retail and wholesale network, continuous design upgrades, and a customer-first approach, Khazanchi Jewellers remains confident in delivering sustained profitable growth and long-term value for stakeholders.

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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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