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Malabar Gold & Diamonds Awarded Scholarships to 350+ Girl Students in Ghatkopar Reinforcing its vision of Women Empowerment

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Malabar Group, India’s leading business conglomerate and the parent company of Malabar Gold & Diamonds, reaffirmed its commitment to empowering young women through education by awarding scholarships worth ₹29,00,000 to over 350 deserving girl students across 30+ schools.

The scholarship distribution ceremony was held at Zaverben Popatlal Sabhagruha Auditorium, Ghatkopar, Mumbai, where financial aid was provided to ensure these students can pursue their academic aspirations without constraints. This initiative reflects Malabar Group’s dedication to fostering education and enabling young women to build a brighter future.

The event was graced by the presence of Shri Sanjay Mukund Kelkar, Member of the Maharashtra Assembly, as the chief guest. His participation underscored the importance of collective efforts in promoting women’s education, further strengthening their role in society and helping them achieve a position of dignity and respect.

Speaking in regards to the initiative, MP Ahammed, Chairman, Malabar Group, said, “Providing Education to young girls is the most effective ways of ensuring positive change as education lays the foundation of a progressive nation, and equipping young women with the means and knowledge for betterment is one of the most impactful ways of ensuring a brighter future. These scholarships are not just supposed to be an economic aid to the students; but they are also investments in the future of our society, ensuring that no young girl has to compromise on reaching the pinnacle of her potential, due to financial misfortune”

Since its establishment in 1999, the Malabar Charitable Trust has been at the forefront of numerous social welfare initiatives. Malabar Group dedicates 5% of its annual profits to CSR activities, focusing on education, healthcare, environmental sustainability, and poverty alleviation.

The Malabar Scholarship program, a flagship initiative under the Group’s CSR framework, continues to bridge educational gaps for marginalized communities. By fostering academic opportunities for young girls, Malabar Group aims to create a ripple effect of progress that extends beyond individuals to families and entire communities.

The group’s overarching narrative to support education and skill development across India is further highlighted by this Scholarship distribution event in Mumbai. Malabar Group’s broader mission to support sustained initiatives has seen the Group remain committed to empowering future generations and fostering an inclusive, educated society for all.

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Shankesh Jewellers Revenue Grew 52% y-o-y To Rs 980 Cr in H1FY27, EBITDA Surged 51% y-o-y to Rs 98Cr

Management anticipates continued earnings momentum through H2FY27, supported by peak festive demand across Dussehra and Diwali in Q3FY27, the winter wedding season, and retail footprint expansions by its major corporate partners.

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Robust Financial Momentum: Shankesh Jewellers Ltd  released its figures for H1 FY27.Revenue grew 52% y-o-y to Rs 980 Cr in H1FY27 and EBITDA surged 51% y-o-y to Rs 98Cr (vs Rs 65 Cr in H1FY26), maintaining a strong 10.0% EBITDA margin, driven by expanding wallet share from existing corporate clients and new client additions. 

Upgrading Corporate Infrastructure: ShankeshJewellers moved into a new corporate office in Q2FY27 to streamline digital cataloguing, customer showcases, and strict BIS-hallmarked quality assurance workflows.

Strong H2 Outlook: Management anticipates continued earnings momentum through H2FY27, supported by peak festive demand across Dussehra and Diwali in Q3FY27, the winter wedding season, and retail footprint expansions by its major corporate partners.

With more than 30 years and two generations of experience, Shankesh have made a fusion of experience and experiments in the jewellery industry. The design, quality, and service have always kept them  way before our competition.

Their  design carries their identity. Each handmade jewellery praises the art of our karigars, and each machine-made ones talk about their entire journey. , Shankesh offer a wide range of gold jewellery collection of different categories.

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