Khazanchi Jewellers posts robust Q2 and H1 FY26 growth

Khazanchi Jewellers Limited reported a significant revenue increase for Q2 FY26, reaching INR 548.92 crores, a 46.25% year-on-year rise. EBITDA for the quarter surged by 112.86% to INR 32.62 crores, with the EBITDA margin expanding by 186 bps to 5.94%. Net profit for Q2 FY26 grew by 119.41% to INR 23.54 crores, resulting in an EPS increase of 118.35% to INR 9.52.

For the first half of FY26, revenue stood at INR 952.76 crores, up 25.94% year-on-year. EBITDA climbed 86.81% to INR 53.78 crores, with the margin expanding by 184 bps to 5.64%. PAT for H1 FY26 rose 93.66% to INR 38.70 crores, and EPS increased 93.56% to INR 15.64.

The company plans to open a new 10,000-square-feet flagship showroom in Chennai in mid-January 2026, expected to contribute approximately INR 550 crores annually to the topline. Additionally, Khazanchi Jewellers launched its Vajraa natural diamond jewellery line, which received exceptional traction, and aims for diamond sales to constitute 5% to 10% of total topline within two to three years.