Tag: Ashapuri Gold Ornament Limited

Why India Imports 700+ Tonnes of Gold Every Year: Explained
Business, Business News, Press Release

Why India Imports 700+ Tonnes of Gold Every Year: Explained

New Delhi [India], May 29: Gold occupies a rare and unique space in India’s economy and culture. It is inherited across generations, gifted during festivals, and often treated as a practical asset of value. That is why the India gold import story is never just about luxury; it is also about household savings and buying behaviour shaped by trust.Every year, India brings in well over 700+ tonnes of gold because domestic demand stays far ahead of local supply. India does mine some gold, but not enough to meet the scale of consumption across jewellery, investment bars, coins, and seasonal purchases. So when demand rises, imports naturally fill the gap.Why the Demand Stays StrongOne reason for this substantial demand is the emotional aspect associated with the metal. Gold is de...
Ashapuri Gold Ornament Limited Reports 60pc EBITDA Growth and 53pc PAT Growth in 9M FY26
Business

Ashapuri Gold Ornament Limited Reports 60pc EBITDA Growth and 53pc PAT Growth in 9M FY26

Ahmedabad (Gujarat) [India], February 12: Ashapuri Gold Ornament Limited (BSE – 542579), one of India’s leading B2B jewellerymanufacturers, reported its Unaudited financial result for Q3 FY26 & 9M FY26. Key Financial Highlights: 9M FY26Total Income of ₹ 246.61 Cr, YoY growth of 5.64% EBITDA of ₹ 24.50 Cr, YoY growth of 59.85% EBITDA Margin of 9.93%, YoY growth of 337 Bps PAT of ₹ 17.21 Cr, YoY growth of 53.20% PAT Margin of 6.98%, YoY growth of 217 Bps EPS of ₹ 0.52, YoY growth of 52.94%Q3 FY26Total Income of ₹ 91.24 Cr EBITDA of ₹ 8.01 Cr, YoY growth of 22.01% EBITDA Margin of 8.78%, YoY growth of 233 Bps PAT of ₹ 5.57 Cr, YoY growth of 7.76% PAT Margin of 6.11%, YoY growth of 103 Bps EPS of ₹ 0.17, YoY growth of 6.25%Gold Sales and Production Volume PerformanceGold Sales Vo...