{
  "id": 16577296,
  "title": "Deepa Jewellers Records 36.06% Rise In Q2 Standalone Net Profit, Total Income Up 24.69%",
  "url": "https://urgent.news/2026/10/26/deepa-jewellers-records-36-06-rise-in-q2-standalone-net-profit-total",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T08:08:04.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/deepa-jewellers-records-3606-rise-in-q2-standalone-net-profit-total-income-up-2469"
  },
  "original_language": "en",
  "account": "Deepa Jewellers, a prominent jewellery retailer, announced a significant surge in its financial performance during the second quarter of its fiscal year 2026. The company's standalone net profit soared by 36.06%, reaching ₹37.25 crore, up from ₹27.39 crore in the same period last year. This impressive growth was mirrored in its total income, which expanded by 24.69% to ₹626.09 crore, compared to ₹502.19 crore in the previous quarter.\n\nThe company's shares made a stellar debut on the stock market, experiencing a nearly 25% increase in value since their listing on September 8, 2026. Despite the rise in total expenses by 25.25% to ₹582.97 crore, the company managed to maintain profitability, as evidenced by the rise in earnings per share (EPS) to ₹4.10, up from ₹3.34 in the corresponding quarter of the previous fiscal year.\n\nLooking at the broader picture, Deepa Jewellers' half-year results for the period ending September 30, 2026, were equally impressive. The standalone net profit for the half-year increased by 31.83% to ₹64.09 crore, compared to ₹48.61 crore in the same period last year. The total income for the six-month period also saw a notable rise, reaching ₹1,057.22 crore, up from ₹812.25 crore in the prior half-year.\n\nMoreover, the company completed its Initial Public Offering (IPO) during this period. The IPO consisted of a fresh issue of ₹250 crore and an offer for sale of ₹209.72 crore. The company's equity shares were listed on the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited, with the paid-up equity share capital standing at ₹192.25 crore as of September 30, 2026.",
  "summary": "Mumbai: Deepa Jewellers Limited reported a 36.06 per cent rise in its standalone net profit to ₹37.25 crore for the quarter ended September 30, 2026, compared with ₹27.39 crore in the same period last year. Revenue Performance The company’s standalone total income for the quarter stood at ₹626.09 crore, marking a 24.69 per cent increase from ₹502.19 crore reported in the year-ago quarter. Deepa…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}