Lalithaa Jewellery Mart reported a 21.60% decline in consolidated net profit to ₹208.22 crore for the quarter ended June 2026, compared to ₹265.57 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this profit decline occurred despite the company achieving significant revenue growth during the same period.
The company's sales revenue increased by 26.02% to ₹6,031.23 crore in Q1 FY2026, compared to ₹4,786.12 crore in the same quarter of the previous financial year. As reported by Business Standard, this substantial revenue growth indicates strong business momentum despite the profit decline.
The company's operating profit margin (OPM) improved to 6.18% in Q1 FY2026 from 9.08% in the corresponding quarter of the previous year. According to the financial data reported by Business Standard, this margin compression contributed to the overall decline in profitability despite the strong revenue performance.
Total expenses for the quarter came in at ₹57,511.84 lakh, with key expenditure components including cost of materials consumed at ₹46,508.94 lakh, purchases of stock-in-trade at ₹14,167.97 lakh, employee benefits expense at ₹786.73 lakh, finance costs at ₹623.35 lakh, manufacturing expenses at ₹521.70 lakh, depreciation and amortisation at ₹304.57 lakh, and other expenses amounting to ₹502.32 lakh. The company recorded an inventory adjustment of ₹(5,903.74) lakh for finished goods, work-in-progress, and stock-in-trade.
Both Basic and Diluted Earnings Per Share (EPS) stood at ₹4.16 per equity share of face value ₹5 each for Q1 FY27, compared to ₹5.31 in Q1 FY26 and ₹6.91 in Q4 FY26. As per Business Standard, paid-up equity share capital remained constant at ₹2,499.89 lakh. Shares of Lalithaa Jewellery Mart Limited were last trading at ₹338.50 on BSE, compared to the previous close of ₹337.50, with a total turnover of ₹16.84 crore during the trading session.
