Ashapuri Gold Ornament also clarified that neither the promoters, promoter group, nor group companies have any interest in the entities awarding the order, and the transaction does not qualify as a related party transaction.

Ashapuri Gold Ornament is engaged in the business of manufacture and sale of gold jewellery and articles of various designs/specifications viz. Jewellery Business.

The company’s standalone net profit jumped 21.9% to Rs 3.17 crore on 19.7% increase in net sales to Rs 52.95 crore in Q1 FY26 over Q1 FY25.

The scrip declined 2.13% to end at Rs 6.25 on the BSE.