PNGS Gargi Fashion Jewellery Limited Reports Q1 FY27 Financial Results: Operational Revenue Increases 10.6% YoY to ₹3,021.62 Lakhs

PNGS Gargi Fashion Jewellery Limited, headquartered in Pune, Maharashtra, has released its unaudited financial results for the first quarter ended June 30, 2026 (Q1 FY27). The company recorded steady top-line growth driven by increased sales in its retail and fashion jewellery offerings.

Top-Line Growth and Revenue Expansion

For the quarter ended June 30, 2026, PNGS Gargi Fashion Jewellery reported revenue from operations of ₹3,021.62 lakhs. This represents a 10.64% year-over-year increase compared to ₹2,731.10 lakhs recorded in Q1 FY26, as well as a sequential rise of 2.13% from ₹2,958.67 lakhs in Q4 FY26.

With other income contributing ₹188.08 lakhs during the quarter (up from ₹120.45 lakhs in Q1 FY26 and ₹118.83 lakhs in Q4 FY26), total income for Q1 FY27 reached ₹3,209.70 lakhs. This reflects a 12.56% increase compared to ₹2,851.55 lakhs in Q1 FY26.

Breakdown of Operating Expenditure

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 for the quarter include:

Purchase of Stock-in-Trade: Stood at ₹2,455.97 lakhs, compared to ₹1,857.21 lakhs in Q1 FY26 and ₹1,977.15 lakhs in Q4 FY26.

Changes in Inventories of Stock-in-Trade: Recorded at ₹(709.57) lakhs, reflecting stock building compared to ₹(236.62) lakhs in Q1 FY26.

Other Expenses: Totaled ₹574.58 lakhs, compared to ₹407.78 lakhs in Q1 FY26 and ₹576.39 lakhs in Q4 FY26.

Employee Benefits Expense: Came in at ₹103.60 lakhs, up from ₹68.19 lakhs in Q1 FY26 and ₹92.87 lakhs in Q4 FY26.

Depreciation and Amortisation Expense: Reached ₹75.25 lakhs, compared to ₹27.28 lakhs in Q1 FY26 and ₹52.87 lakhs in Q4 FY26.

Finance Costs: Stood at ₹31.28 lakhs, compared to ₹13.86 lakhs in Q1 FY26 and ₹29.12 lakhs in Q4 FY26.

Profitability, Taxes, and Net Earnings

Profit before tax (PBT) 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 (comprising current tax of ₹179.91 lakhs and deferred tax credit of ₹6.28 lakhs), down from ₹182.53 lakhs in Q1 FY26 and ₹217.25 lakhs in Q4 FY26.

Net profit after tax for Q1 FY27 reached ₹504.96 lakhs, compared to ₹531.32 lakhs in Q1 FY26 and ₹513.99 lakhs in Q4 FY26.

Other comprehensive income (OCI) for the period recorded a net gain of ₹0.55 lakhs (net of tax), taking total comprehensive income for Q1 FY27 to ₹505.51 lakhs. Basic and diluted earnings per share (EPS) for the quarter stood at ₹4.82 per share (face value of ₹10.00 per share).

Share Capital Details

Paid-up Equity Share Capital: ₹1,047.03 lakhs (representing 1,04,70,303 shares of face value ₹10.00 each).

Other Equity: Stood at ₹13,143.35 lakhs as of the March 31, 2026 balance sheet date.

Shares of PNGS Gargi Fashion Jewellery Limited was last trading in BSE at Rs. 631.00 as compared to the previous close of Rs. 613.45. The total number of shares traded during the day was 19625 in over 85 trades.

The stock hit an intraday high of Rs. 640.00 and intraday low of 611.05. The net turnover during the day was Rs. 12284100.00.

Source : Equity Bulls

Keywords

PNGSGargiFashionJewellery INE0NT601018 Gems Jewellery Watches Q1FY27 Q1FY2027 ResultUpdate