Asian Star reports moderated turnover, strong jewellery recovery in FY 2024-25

Asian Star Company Limited reported a consolidated turnover of Rs. 295,575 lakhs for FY 2024-25, a 16.1% moderation from the previous year. Profit after tax (PAT) stood at Rs. 4,318.97 lakhs, with earnings per share (EPS) of Rs. 26.98. The board has recommended a final dividend of Rs. 1.50 per equity share.

Despite industry headwinds, the company's jewellery division showed strong recovery with revenues rising to Rs. 82,240 lakhs, a 31.4% increase. The diamond segment contributed Rs. 213,281 lakhs. The company's capital gearing ratio was 25% as of March 31, 2025.

The report also highlights the re-appointment of key managerial personnel, including vipul p. shah as ceo & managing director and arvind t. shah as chairman, cfo & whole-time director, for further five-year terms. These re-appointments are subject to shareholder approval at the upcoming annual general meeting on September 29, 2025.