DEEPA DEEPA Q2 FY27 results (Jul–Sep 2026) and concall
Deepa Jewellers delivered robust top-line growth of 25% YoY in Q2 FY27 to ₹626 crores, while PAT jumped 37% YoY to ₹37 crores, supported by lower tax provisions and higher other income. EBITDA margin softened to 7.24% due to higher mix of plain gold jewellery versus studded jewellery, along with initial overheads from the newly commissioned Hyderabad manufacturing facility. Management expects margins to expand by 80-120 bps over the next 4-6 quarters as in-house production scales and retail expansion into Tier-2/Tier-3 markets ramps up.
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What they filed
Q2 FY27: revenue up 101.9%, net profit up 76.2% against the same quarter last year.
| Line item | Q1 FY26 | Q2 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|
| Revenue | 310 | 502 | 541 | 431 | 626 +102% |
| EBITDA | 29 | 39 | 39 | 39 | 45 +55% |
| Net profit | 21 | 27 | 28 | 27 | 37 +76% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
