Shanti Gold’s Q4 Revenue Up 120%, Volume Grows 25%
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Shanti Gold’s Q4 Revenue Up 120%, Volume Grows 25%

India's Gems & Jewellery Exports Fall 12% In FY24

Gold volumes for FY26 growth stood at 15 per cent YoY, driven by steady demand from existing clients and newly added customers during the year

Shanti Gold International, a gold jewellery manufacturer, has reported 120 per cent year-on-year (YoY) growth in its revenue for the fourth quarter of the financial year 2026 (Q4FY26). The uptick was driven by both volume growth and gold price appreciation.

In an exchange filing, the company said that it delivered volume growth of 25 per cent on-year during the quarter. Sharing the update, it noted that gold volumes for FY26 growth stood at 15 per cent YoY, driven by steady demand from existing clients and newly added customers during the year. Revenues increased by over 80 per cent YoY in FY26.

“Q4 FY26 was the strongest quarterly performance in the company’s history, with revenue more than doubling on a YoY basis driven by the wedding season demand and elevated gold price environment,” company pointed out.

Revenue from operation for Q3FY26 stood at Rs 636.93 crore, as against Rs. 303.22 crore in Q3FY25, reflecting a 110.06 per cent growth on a year-on-year basis. Earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter grew by 113.83 per cent, reaching Rs. 60.18 crore in Q3FY26 compared to Rs. 28.14 crore in Q3FY25.

Profit after Tax (pat) for Q3FY26 was at Rs. 40.08 crore, as against Rs. 17.58 crore in Q3FY25, YoY growth of 127.97 per cent. Revenue from operations for 9MFY26 stood at Rs. 1,359.78 crore, as compared to Rs. 809.12 crore in 9MFY25, registering a growth of 68.06 per cent year on year.

Ebitda for the nine months stood at Rs. 159.21 crore, as against Rs. 60.57 crore in 9MFY25, a growth of 162.84 per cent, as per the earlier filing by the company.

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