PNGS Reva Q2 net profit jumps 78% to Rs 23.2 crore
PNGS Reva Diamond Jewellery reported a 78% rise in quarterly net profit to Rs 23.2 crore, with revenue up 17%, according to its exchange filing.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
PNGS Reva Diamond Jewellery reported in its stock exchange filing that second-quarter net profit rose 78% year on year to Rs 23.2 crore. Revenue grew 17% to Rs 120.5 crore, and Ebitda increased 49%.
Sales during the Navratri and Dussehra festivals rose 35.01% to Rs 38.53 crore. The company linked this to growing consumer preference for natural diamonds over traditional gold jewellery. Q2 FY27 contained no festive days, while the year-ago quarter had nine.
The retail network expanded to 38 stores from 36 as of 30 June 2026. The company plans to open around 15 more COCO stores over 24 months following its IPO, which was listed in March 2026.
why it matters
The shares have gained 13.5% over the past month and 44.7% year to date. The results point to shifting consumer demand in India's diamond jewellery segment, which may interest investors tracking the jewellery sector.
tags
instruments
sources
- PNGS Reva Diamond Jewellery Q2 Profit Jumps 78% To Rs 23.2 Cr — Moody's, 27 October 2026 at 02:57 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗