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Palm Jewels Q1 net profit down 16.00% at Rs 0.21 cr

Source By

Dion Global

27 Aug 2026

The company reported standalone net profit of Rs 0.21 crore for the quarter ended June 30, 2026 as compared to Rs 0.25 crore in the same period last year, registering a year-on-year decline of 16.00 per cent.

Net revenue of the company rose moderately by 11.34 per cent at Rs 40.36 crore in April-June quarter of this fiscal as against Rs 36.25 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 11.55 per cent to Rs 39.99 crore from Rs 35.85 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.01 crore versus (Jun'25 Rs 0.01 crore).

Operating Profit slipped by 9.76 per cent to Rs 0.37 crore as against Rs 0.41 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18.75 per cent in June quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.03 crore, while Taxation increased by 0.00 per cent at Rs 0.09 crore (Jun'25 Rs 0.09 crore).