EBITDA stood at Rs 31.8 crore in Q1 FY27, up 92% from the corresponding quarter last year. EBITDA margin improved to 14.4% in Q1 FY27 from 11.6% in Q1 FY26, an improvement of 279 basis points.

Corporate clients contributed 66%, or Rs 280 crore, to the company’s revenue during Q1 FY27, while non-corporate clients accounted for the remaining 34%, or Rs 144 crore.

Revenue from 22-karat gold sales stood at Rs 337 crore, while 18-karat gold sales contributed Rs 85 crore. The company generated Rs 3 crore in revenue from job work during the quarter.

Shankesh Jewellers manufactures hand-crafted gold jewellery and provides customisation services to clients. The company offers a wide range of 22-karat and 18-karat jewellery, including bridal, antique, temple and customized designs, and caters to corporate and non-corporate clients across India.