EL7.AI
StocksMedium•26 October 2026•
3 min read

Earnings per share reaches 7.35 rupees in Q2 despite sequential profit decline

Key Facts

1First-half net profit was 50.50 crore rupees, up 150.8% year over year.
2First-half revenue from operations reached 238.51 crore rupees, growing 52.2%.
3Navratri and Dussehra sales totaled 385.27 million rupees, up 35.01% year over year.
4Basic earnings per share was 7.35 rupees in the second quarter, compared with 5.80 rupees in the comparable period.

PNGS Reva Diamond Jewellery’s basic earnings per share was 7.35 rupees in the second quarter of fiscal 2027, compared with 5.80 rupees in the year-earlier period, Free Press Journal reported. Sequentially, net profit after tax fell 14.4% from 27.21 crore rupees in the first quarter to the second quarter, according to figures reported by Business Upturn. The EBITDA margin narrowed to 23.82% from 28.76% in the previous quarter. This puts the positive year-over-year comparison for earnings per share alongside declines in profit and margin between consecutive quarters. The available information did not provide an explanation for the sequential decline.

For the first half ended September 30, net profit was 50.50 crore rupees, up 150.8% from 20.13 crore rupees in the comparable period, Free Press Journal reported. Revenue from operations also rose to 238.51 crore rupees from 156.72 crore rupees, a year-over-year increase of 52.2%. The company reported total expenses of 94.76 crore rupees in the second quarter, compared with 86.11 crore rupees in the year-earlier period. Profit before tax rose 82.8% to 31.03 crore rupees from 16.98 crore rupees. First-half figures show revenue and profit growth compared with the corresponding period, while expenses and profit before tax provide additional detail on the quarter.

EquityBulls reported that the company’s sales during the Navratri and Dussehra season totaled 385.27 million rupees, up 35.01% year over year. On Dussehra day alone, sales reached 121.86 million rupees, compared with 75.04 million rupees on the same occasion in the previous fiscal year, an annual increase of 62.40%. The company said the Dussehra sales figure excludes gold sales. It said consumers’ shift in preference toward certified natural jewellery, compared with traditional bullion and plain gold jewellery, “maintained its momentum” during the 2026 season. The company thus links the season’s performance with the demand trend it observed for certified natural diamond products.

According to EquityBulls, the company operated 39 retail locations on October 21, 2026, comprising 5 branded stores and 34 shop-in-shop stores. These locations provide the sales channels through which the company operates, while the available information did not specify each format’s contribution to seasonal sales. In share trading, Investing.com data showed a close at 607.05 rupees on October 26, down 4.02% during the session, after touching an intraday low of 602 rupees. The stock had closed down 3.68% on October 23, before the results were announced on October 26. These figures do not establish that either move was a reaction to the results; the source does not give an immediate decline attributed to their announcement.