Goldiam International reported a mixed set of quarterly earnings for the March 2026 quarter, with strong growth in profit and revenue, but a sharp decline in operating profitability.
The company posted a consolidated net profit of Rs 37.2 crore in Q4 FY26, registering a 60.3% year-on-year (YoY) increase compared to Rs 23.2 crore reported in the corresponding quarter last year.
Revenue from operations also witnessed healthy growth during the quarter. The company’s revenue rose 18% YoY to Rs 234.6 crore against Rs 198.6 crore in Q4 FY25, supported by steady demand and improved business performance.
However, operational performance remained under pressure. EBITDA declined 48% YoY to Rs 62 crore from Rs 119.6 crore in the year-ago quarter. EBITDA margin also contracted sharply to 26.46% from 60.21% a year earlier, indicating significant pressure on profitability margins.
The sharp decline in EBITDA margins may weigh on investor sentiment despite the strong growth in bottom-line earnings. Market participants are likely to closely monitor the company’s margin trajectory and future demand outlook in the jewellery segment.
Goldiam International operates in the diamond jewellery and exports business and remains one of the notable players in the Indian gems and jewellery industry.