Zel Jewellers reported a 12.34% decline in standalone net profit for the quarter ended June 2026, falling to ₹1.35 crore compared to ₹1.54 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this represents a significant year-on-year deterioration in the company's bottom-line performance during the first quarter of fiscal 2026.
The company's sales performance showed substantial weakness, declining 40.11% to ₹17.81 crore in Q1 FY2026 from ₹29.74 crore in the same quarter of the previous year. As reported by Business Standard, this represents a significant contraction in the company's top-line revenue, indicating challenging market conditions or operational difficulties during the quarter.
Despite the revenue decline, operating profit margin (OPM) remained relatively stable at 15.33% in Q1 FY2026 compared to 10.05% in the corresponding quarter of the previous year. According to the financial data reported by Business Standard, this improvement in margin efficiency suggests the company maintained better cost control despite the challenging revenue environment.
The company's profit before depreciation and tax (PBDT) decreased by 5% to ₹2.19 crore in Q1 FY2026 from ₹2.30 crore in the previous year quarter. Profit before tax (PBT) also declined by 11% to ₹1.90 crore compared to ₹2.14 crore in Q1 FY2025. These figures, as reported by Business Standard, indicate a consistent deterioration across all profitability metrics during the quarter.
