D.P. Abhushan sees strong Q2FY26 growth despite challenging market

D.P. Abhushan Limited announced significant growth in its Q2FY26 financial results, with EBITDA surging by 99% year-over-year and net profit more than doubling by 105% to ₹51.4 crores. Total revenue for the quarter stood at ₹967.74 crore, representing a 79% quarter-over-quarter growth, though a 4% decline year-over-year attributed to the sharp increase in gold prices.

The company's EBITDA reached ₹75.80 crore, demonstrating a 37% quarter-over-quarter and 99% year-over-year increase, with an EBITDA margin of 7.83%, an improvement of 404 basis points year-over-year. Profit after tax rose to ₹51.46 crore, marking a 41% quarter-over-quarter and 105% year-over-year increase, with the PAT margin improving to 5.32%, up 282 basis points year-over-year.

For the first half of FY26, total revenue was ₹1509.06 crore, remaining flat year-over-year. EBITDA increased to ₹131.05 crore, a 71% year-over-year growth, while PAT for the half-year reached ₹87.88 crore, a 75% increase year-over-year. The company also reported record festive sales of ₹237 crore during Navratri and Dussehra 2025, an 85% year-over-year growth across various jewellery categories.