Lypsa Gems Q4 FY26 results: PAT ₹0.35 crore

Key takeaway from the March 2026 quarter

Lypsa Gems and Jewellery Ltd. reported a standalone net profit of ₹0.35 crore for the quarter ended March 2026. The same quarter last year (March 2025) had a net loss of ₹15.28 crore, marking a sharp swing in reported profitability.

On the revenue line, the company reported net sales of ₹1.77 crore in March 2026. This compares with ₹6.58 crore in March 2025, reflecting a steep year-on-year decline in quarterly sales.

The published summary also reported EBITDA of ₹0.38 crore for March 2026. In the corresponding period last year, EBITDA was negative, with detailed quarterly data indicating EBITDA of ₹-15.24 crore for March 2025.

What the company reported for Q4 FY26

The standalone quarterly update highlights three headline points: profitability turned positive, revenue declined sharply, and operating performance (EBITDA) moved back into positive territory.

Net sales were reported at ₹1.77 crore in the March 2026 quarter, down 73.14% from ₹6.58 crore in March 2025, as stated in the results note. The same results note stated quarterly net profit at ₹0.35 crore in March 2026 compared with a net loss of ₹15.28 crore in March 2025.

A separate quarterly table in the provided data also shows net sales/income from operations at ₹1.77 crore for Mar’26, ₹4.64 crore for Dec’25, and ₹6.58 crore for Mar’25. Net profit/(loss) for the period is shown as ₹0.35 crore for Mar’26, ₹1.26 crore for Dec’25, and ₹-15.28 crore for Mar’25.

Profit swing despite lower sales

The most notable feature of the quarter is the swing in profit from a loss in March 2025 to a profit in March 2026. While the revenue decline is clear from the numbers, the reported profitability indicates that the company’s cost structure and other P&L movements differed materially from the year-ago quarter.

The results summary reports EBITDA of ₹0.38 crore in March 2026. For March 2025, the detailed quarterly data provided in the prompt shows operating profit and EBITDA at ₹-15.24 crore, suggesting that operating performance improved substantially year-on-year.

The provided tables also show depreciation of ₹0.05 crore and interest of ₹0.00 crore for March 2025, with EBIT at ₹-15.30 crore and profit after tax at ₹-15.28 crore. These historical figures help explain the magnitude of the swing when comparing the two March quarters.

Full-year FY26 numbers: profit reported, sales lower

For the full year ended March 2026, Lypsa Gems and Jewellery reported net profit of ₹1.73 crore. This compares with a net loss of ₹15.17 crore in the year ended March 2025.

Full-year sales were reported at ₹14.72 crore in FY26, down 11.80% from ₹16.69 crore in FY25. The annual comparison suggests that while the revenue decline for the year was moderate, quarterly volatility remained significant, especially when comparing the March quarters.

Quarterly trend snapshot: Mar’26 vs Dec’25 vs Mar’25

The quarterly snapshot included in the data points to a sequential drop in revenue from December 2025 to March 2026. Net sales/income from operations was ₹4.64 crore in Dec’25 and ₹1.77 crore in Mar’26.

Profit after tax, however, remained positive in both quarters shown for FY26. Net profit/(loss) for the period is listed as ₹1.26 crore in Dec’25 and ₹0.35 crore in Mar’26.

This combination of lower revenue but positive reported profit is an important point for investors reading the results, because it shifts the focus from only topline growth to the sustainability and quality of profitability across quarters.

Summary table of reported financials

Note: EBITDA for Mar’25 is taken from the detailed quarterly table provided in the prompt. EBITDA for Dec’25 was not listed in the same detailed table excerpt.

What it could mean for investors tracking the stock

The FY26 full-year result shows the company returning to reported profitability, while sales declined year-on-year. In the March 2026 quarter, sales fell sharply compared with March 2025, but profit and EBITDA turned positive relative to last year’s losses.

From a market-reading perspective, the disclosed numbers highlight two investor focus areas: the sharp variability in quarterly revenues and the shift in reported earnings between the two March quarters. Without additional management commentary in the provided text, readers are left to interpret the quarter primarily through the headline financial metrics.

Result timing and other disclosures in the data

The prompt also mentions an “Upcoming result date: 27 May 2026”. This date appears alongside the results-related content and may indicate the scheduled disclosure timing referenced in the source material.

The data excerpt also lists “Extraordinary Items” as “--” across periods in one of the tables, indicating no extraordinary items were shown there. Prior year adjustments were also shown as “--” in the same excerpt.

Conclusion

Lypsa Gems and Jewellery’s standalone March 2026 quarter shows reported PAT of ₹0.35 crore on net sales of ₹1.77 crore, compared with a ₹15.28 crore loss on ₹6.58 crore sales in March 2025. For FY26, the company reported profit of ₹1.73 crore with sales of ₹14.72 crore, versus a loss in FY25, with the next referenced result date noted as 27 May 2026.