Jewellery stock hits record despite profit-booking trigger on Dalal Street
New Delhi, May 26 -- Utssav CZ Gold Jewels share price surged 5% on Tuesday, 26 May, to touch a record high of Rs.303.80 apiece on the NSE, after the company reported strong growth in revenue and profitability for both the second half and full financial year FY26.
The jewellery maker posted total income of Rs.681 crore in H2 FY26, marking a 87.8% year-on-year increase, while EBITDA nearly doubled to Rs.48.67 crore, with margins improving by 40 basis points to 7.15%. Net profit rose 95.2% YoY to Rs.29.64 crore, supported by healthy demand during the festive and wedding seasons.
For the full year FY26, the company reported total income of Rs.1,157.46 crore, up 78.7% year-on-year. EBITDA jumped 132.3% to Rs.93.7 crore, while EBITDA margin ...
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