Ashapuri Gold Ornament, a B2B jewellery manufacturer, said net profit in the December quarter was up 53 per cent at ₹17 crore on the back of strong demand and a rise in prices.
Income increased 6 per cent to ₹247 crore, while EBITDA jumped 60 per cent to ₹24 crore.
Gold sales volume stood at 90.18 kg in the quarter under review, while manufacturing volume was up 10 per cent at 144.36 kg.
Jitendra Kumar Soni, Joint Managing Director, said the improved performance reflects disciplined execution, operational efficiency and the inherent strength of their B2B jewellery business model.
Sales were driven by demand for the company’s differentiated product portfolio and increasing acceptance of design-led offerings among leading retail chains and Big Box clientele, he said.
Despite recent volatility in the commodity markets and rising gold prices, the underlying demand for organised, design-led jewellery remains resilient, supported by steady retail offtake, he added.
In a bid to sustain revenue growth, the company plans to focus on expanding its presence in high-potential domestic markets with a regionally aligned sales force to deepen organised jewellery retailers’ engagement, said Soni.
Published on February 11, 2026