D.P. Abhushan Bets On Festive Demand After Q2 Earnings Dip, Profit Falls To ₹39.74 Crore As Jewellery Retailer Eyes Record Q3 Sales
Mumbai: D.P. Abhushan Limited reported a 22.8 per cent year-on-year decline in net profit to ₹39.74 crore for the September quarter of FY27, even as its half-year earnings showed growth. The jewellery retailer had recorded a net profit of ₹51.46 crore in the corresponding quarter last year. Quarterly Performance Total revenue declined 21.3 per cent to ₹761.27 crore in Q2 FY27, compared with…
Mumbai - D.P. Abhushan Limited's net profit fell 22.8% year-on-year to ₹39.74 crore in the September quarter of FY27, despite a 7% rise in half-year revenue to ₹1,614.90 crore. The jewellery retailer's total revenue dropped 21.3% to ₹761.27 crore in Q2 FY27, down from ₹967.74 crore a year earlier. Despite the decline in Q2, D.P.
Abhushan expects the December quarter of FY27 to be its highest ever in quarterly turnover. The company is expanding its retail network by opening new showrooms in Dhar, Dahod, and Jabalpur, raising its total showroom count to 14 across Central and Western India. D.P. Abhushan aims to open another three to four showrooms by March 2027, as it looks to capitalize on festive demand and strengthen its position in regional jewellery markets.
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