Mini Diamonds India Reports Strong Q1 FY27 Performance: Consolidated Net Profit Up 49.8% YoY to ₹2.67 Crore; Revenue Nearly Doubles to ₹196.53 Crore

Diamond cutting, polishing, and jewelry manufacturing firm Mini Diamonds India Limited has announced its un-audited financial results (standalone and consolidated) for the first quarter ended June 30, 2026 (Q1 FY27).

The company delivered a standout operational quarter, driven by a 95.4% year-on-year (YoY) surged in consolidated operational revenues and a sharp sequential turnaround from losses reported in the preceding quarter (Q4 FY26).

Financial Performance Summary
(Figures in ₹ Crore, converted from ₹ Lakhs)

1. Consolidated Performance

Revenue from Operations: Surged to ₹196.53 crore in Q1 FY27, posting a massive 95.4% YoY growth compared to ₹100.58 crore in Q1 FY26. Sequentially, revenue expanded 31.0% QoQ over ₹149.98 crore in Q4 FY26.

Total Income: Reached ₹196.53 crore, up 95.4% YoY from ₹100.58 crore in Q1 FY26.

Profit Before Tax (PBT): Rose to ₹3.57 crore in Q1 FY27, reflecting a 47.5% YoY increase over ₹2.42 crore in Q1 FY26, swinging into profitability after a net loss of ₹8.56 crore before tax in Q4 FY26.

Profit After Tax (PAT): Came in at ₹2.67 crore (PAT margin of 1.36%), registering a 49.8% YoY growth compared to ₹1.78 crore in Q1 FY26, bouncing back from a net loss of ₹6.18 crore in Q4 FY26.

2. Standalone Performance

Revenue from Operations: Stood at ₹196.40 crore in Q1 FY27, up 95.5% YoY from ₹100.46 crore in Q1 FY26 and up 29.8% QoQ from ₹151.31 crore in Q4 FY26.

Profit Before Tax (PBT): Expanded 49.0% YoY to ₹3.66 crore, against ₹2.46 crore in Q1 FY26 and a loss of ₹7.52 crore in Q4 FY26.

Profit After Tax (PAT): Reached ₹2.74 crore, up 50.7% YoY compared to ₹1.82 crore in Q1 FY26 and reversing a net loss of ₹5.15 crore in Q4 FY26.

Operating Expenditure Breakdown (Consolidated)

Total consolidated expenses for Q1 FY27 reached ₹192.96 crore, up from ₹98.16 crore in Q1 FY26 and ₹158.65 crore in Q4 FY26:

Raw Materials Consumed: Stood at ₹62.85 crore, up significantly from ₹11.23 crore in Q1 FY26 and ₹31.02 crore in Q4 FY26.

Purchase of Stock-in-Trade: Totaled ₹100.09 crore, compared to ₹82.07 crore in Q1 FY26 and ₹153.92 crore in Q4 FY26.

Change in Inventories: Recorded an increase/charge of ₹22.63 crore, compared to ₹0.84 crore in Q1 FY26 and a credit of ₹(29.66) crore in Q4 FY26.

Employee Benefits Expense: Remained flat at ₹0.25 crore (₹25.07 lakhs), compared to ₹0.25 crore in Q1 FY26 and ₹0.27 crore in Q4 FY26.

Finance Costs: Stood at ₹0.02 crore (₹1.89 lakhs), compared to ₹0.002 crore in Q1 FY26 and ₹0.01 crore in Q4 FY26.

Depreciation & Amortization: Reached ₹0.11 crore (₹10.91 lakhs), compared to ₹0.11 crore in Q1 FY26.

Other Expenses: Stood at ₹7.01 crore, up from ₹2.91 crore in Q1 FY26 and ₹3.08 crore in Q4 FY26.

Share Capital & Earnings Per Share

Paid-Up Equity Share Capital: Expanded to ₹47.14 crore (₹4,713.82 lakhs) with a face value of ₹2 per share, up from ₹23.57 crore as of March 31, 2026.

Earnings Per Share (EPS):

Consolidated EPS: Stood at ₹0.11 per share (on the expanded capital base), compared to ₹0.76 in Q1 FY26 and ₹(0.52) in Q4 FY26.

Standalone EPS: Stood at ₹0.12 per share, compared to ₹0.77 in Q1 FY26 and ₹(0.44) in Q4 FY26.

Source : Equity Bulls

Keywords

MiniDiamondsIndia Q1FY27 Q1FY2027 ResultUpdate