Mumbai, Aug. 12 -- For Q1 FY26, the company posted a profit after tax of Rs 33.6 crore, up from Rs 22 crore in the same period last year. Total income surged 39% YoY to Rs 235.7 crore in Q1 FY26 on the back of its deeper client penetration; overwhelming customers preference for lab grown diamond jewellery, and strong customers demand despite the headwinds of increased tariffs.

EBITDA grew 37.8% YoY to Rs 47.1 crore, translating into an EBITDA margin of 20.0% versus 20.1% in Q1 FY25 and 19.6% in Q4 FY25.

Revenue growth was driven by higher sales volumes, with cost of goods sold rising 42% to Rs 159 crore. Gross profit stood at Rs 76.7 crore, up 32% year-on-year, though the gross margin dipped to 32.5% from 34.2% in Q1 FY25 and 35.8% in Q...