Home / Business and Economy / Zel Jewellers Profit Tumbles Amidst Sales Slump
Zel Jewellers Profit Tumbles Amidst Sales Slump
14 Aug
Summary
- Sales dropped 40.11% to Rs 17.81 crore in June 2026 quarter.
- Net profit declined 12.34% to Rs 1.35 crore in June 2026.
- The company experienced a 5% decrease in profit margin.
In the quarter ending June 2026, Zel Jewellers experienced a substantial financial contraction. Sales revenue decreased by 40.11%, falling to Rs 17.81 crore from Rs 29.74 crore in the same period of the prior year.
This significant drop in sales directly impacted the company's profitability. Net profit declined by 12.34% to Rs 1.35 crore for the June 2026 quarter, compared to Rs 1.54 crore in the previous year. Furthermore, the operational profit margin (OPM) decreased to 10.05% from 15.33%.
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