PNGS Gargi Fashion Jewellery reported a 4.90% decline in standalone net profit to ₹5.05 crore for the quarter ended June 2026, compared to ₹5.31 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this profit decline occurred despite the company achieving revenue growth of 10.66% to ₹30.22 crore during the same period. The company's total income for Q1 FY27 reached ₹3,209.70 lakhs, representing a 12.56% increase compared to ₹2,851.55 lakhs in Q1 FY26, with other income contributing ₹188.08 lakhs during the quarter.
The company's sales increased to ₹30.22 crore in Q1 FY2026 from ₹27.31 crore in Q1 FY2025, representing a ₹2.91 crore increase in revenue. As reported by Business Standard, this growth indicates the company's ability to expand its market presence and customer base despite facing profitability challenges in the quarter. The company recorded revenue from operations of ₹3,021.62 lakhs for Q1 FY27, showing a 10.64% year-over-year increase compared to ₹2,731.10 lakhs in Q1 FY26, along with a sequential rise of 2.13% from ₹2,958.67 lakhs in Q4 FY26.
The company's operating profit margin (OPM) improved to 19.76% in Q1 FY2026 from 23.21% in the corresponding quarter of the previous year. According to the financial data reported by Business Standard, this margin compression reflects the impact of higher operational costs on profitability despite the company's revenue growth trajectory. Total expenses for Q1 FY27 rose to ₹2,531.11 lakhs, compared to ₹2,137.70 lakhs in Q1 FY26 and ₹2,346.26 lakhs in Q4 FY26. Key expenditure lines included purchase of stock-in-trade at ₹2,455.97 lakhs, changes in inventories of stock-in-trade at ₹(709.57) lakhs reflecting stock building, and employee benefits expense at ₹103.60 lakhs.
The company's profit before tax (PBT) declined 5% to ₹6.79 crore in Q1 FY2026 from ₹7.13 crore in Q1 FY2025. As reported by Business Standard, this decline in pre-tax profit indicates that operational challenges extended beyond the net profit level, affecting the company's overall profitability before accounting for tax provisions. Profit before tax for Q1 FY27 came in at ₹678.59 lakhs, compared to ₹713.85 lakhs in Q1 FY26 and ₹731.24 lakhs in Q4 FY26. Total tax expenses for the quarter amounted to ₹173.63 lakhs, down from ₹182.53 lakhs in Q1 FY26.
PNGS Gargi Fashion Jewellery shares were trading at ₹631.00 on BSE, compared to the previous close of ₹613.45, with the stock hitting an intraday high of ₹640.00 and intraday low of ₹611.05. The total number of shares traded was 19,625 in over 85 trades during the day, with net turnover of ₹12,28,410.00. The company's paid-up equity share capital stands at ₹1,047.03 lakhs, representing 1,04,70,303 shares of face value ₹10.00 each. Basic and diluted earnings per share (EPS) for the quarter stood at ₹4.82 per share (face value of ₹10.00 per share). Over the past 52 weeks, the stock has recorded a low of ₹588.00 and high of ₹1,197.00, with the stock declining 40.5% over the past six months and 28.36% over the last year.
