D. P. Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161), a company marking golden legacy of 86 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 11 different geographics in India, announced its financial results for the third quarter and nine months ended 31st December 2025.
Financial Highlights

Q3FY26 Highlights
- Total Revenue grew 13% YoY and 26% QoQ to ₹1,222.4 crore, driven by healthy festive season demand in
the month of October and November. - EBITDA increased 89% YoY and 39% QoQ to ₹105.6 crore, EBITDA margin expanded to 8.64%, up 81 bps
QoQ and 350 bps YoY. - Profit After Tax rose to ₹73.4 crore, a 96% YoY and 43% QoQ increase, and margin improved to 6%, up 256
bps YoY.
9MFY26 Highlights
- Total Revenue for 9MFY26 grew 5% YoY to ₹2,731.4 crore, supported by steady demand momentum and
improved business traction in the latter part of the period. - EBITDA increased 79% YoY to ₹236.7 crore and EBITDA margin expanded to 8.67%, up 357 bps YoY.
- Profit After Tax rose to ₹161.2 crore, registering an 84% YoY growth, with PAT margin improving to 5.9%,
up 253 bps YoY.
Commenting on the performance
Mr. Santosh Kataria, Managing Director said: “During the quarter, the Company delivered a healthy performance, registering a 13% YoY revenue growth despite elevated gold prices across the industry impacting volumes. EBITDA and PAT grew significantly by 89% and 96% YoY, respectively. Wedding demand, along with encouraging festive momentum during October and November, supported revenue growth. Silver emerged as a key growth driver during the quarter, driven by festive gifting and affordability-led demand. Customers with committed events, particularly weddings, continued to purchase actively, while investment-oriented customers remained engaged through our savings and accumulation schemes.
From a strategic standpoint, our disciplined inventory management and natural hedging enabled us to effectively navigate gold price volatility, even in a challenging industry pricing environment. High-value wedding jewellery wedding jewellery and traditional 22-carat products continued to anchor demand, while lightweight jewellery remains a smaller, evolving segment. We have finalized a few new store locations and continue to evaluate further expansion opportunities in line with our growth strategy. Looking ahead, while near-term demand may remain selective due to price movements, we remain confident in the strength of our brand, our product portfolio, and our calibrated expansion plans to drive sustainable growth going forward.”
About D. P. Abhushan Limited
D. P. Abhushan Limited, a renowned name in the jewellery sector, has been synonymous with trust and quality since its inception in 1940 under the brand “D.P. Jewellers.” Listed in 2017, the Company carries forward an 86- year legacy in Central India, now managed by the 4th generation of the founding family. Renowned for its commitment to purity and transparency, D. P. Abhushan Limited has established itself as one of the most trustworthy and honest jewellery brands.
With a rich history dating back to founders Late Shri Pannalalji Kataria and his sons, the Company has flourished into a prominent retail chain featuring 11 Showrooms across Ratlam, Indore, Udaipur, Bhopal, Ujjain, Bhilwara, Kota, Banswara and recently expanded in Ajmer, Neemuch & a second showroom in Ratlam. D. P. Abhushan offers a diverse range of high-quality products in Gold, Silver, Diamond, and Platinum, catering to various occasions with collections including Wedding, Valentine, Traditional, Flower, Mewar, Dohra, Lightweight, and Trendy Jewellery, alongside an array of Chains, Armlets, Rings, Pendants, and Necklaces.
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