Manoj Vaibhav Gems 'N' Jewellers Sets Q2 Results Review Nov 13
Key highlights
- MVGJL will consider unaudited Q2 FY27 and H1 FY27 results on November 13, 2026.
- MVGJL reported Q1 FY27 revenue of ₹715.40 crore, net profit of ₹27.57 crore and EPS of ₹5.64.
- June 2026 quarter sales rose 30.05% year on year and net profit rose 33.90%, according to the results update.
- MVGJL reported FY26 net profit of ₹114.98 crore, up 14.49% from FY25.
powered by IRIS

Manoj Vaibhav Gems 'N' Jewellers Limited will consider unaudited Q2 FY27 and half-year results on November 13, 2026, following Q1 FY27 revenue of ₹715.40 crore and year-on-year sales growth of 30.05%.
Know Manoj Vaibhav Gems N Jewellers inside out
Results, valuation, peers and who's buying, in one view.
When will MVGJL report its Q2 FY27 results?
MVGJL will hold a board meeting on November 13, 2026, to consider and approve its unaudited financial results for the quarter and half year ended September 30, 2026. The company disclosed the meeting plan in a regulatory filing submitted to BSE Limited and the National Stock Exchange of India Limited.
The meeting places the jeweller's second-quarter financial update on the market calendar after the end of the September quarter. The board's agenda is specifically for quarterly and half-year unaudited results, rather than an annual financial statement. Investors will therefore receive the company's reported performance for the three months ended September 30 alongside the first-half numbers.
The company has also announced the closure of its trading window for designated persons and their immediate relatives from October 1, 2026, until November 15, 2026. This restriction is linked to the planned approval of the financial results and covers the period surrounding the board meeting.
What did MVGJL report in the June 2026 quarter?
MVGJL reported revenue of ₹715.40 crore, net profit of ₹27.57 crore and earnings per share of ₹5.64 for the quarter ended June 2026. The quarterly financial table shows EBITDA of ₹49.92 crore for the period.
A separate results update stated that sales rose 30.05% year on year to ₹713.91 crore in the June 2026 quarter, while net profit increased 33.90% from ₹20.59 crore in the June 2025 quarter. The first-quarter earnings release described revenue as ₹7.15 billion, equivalent to ₹715 crore, and reported net income of ₹27.57 crore.
The reported profit margin was 3.9%, compared with 3.8% in the corresponding quarter a year earlier. Earnings per share increased from ₹4.22 in the June 2025 quarter to ₹5.64 in June 2026. These figures form the immediate financial base for assessing the September-quarter disclosure when it is approved.
How does the upcoming result compare with earlier quarterly performance?
MVGJL's previous September-quarter update, for Q2 FY26, reported net profit of ₹31.73 crore, up 18.6% year on year, and revenue of ₹755.82 crore, up 19% year on year. The company said EBITDA for that quarter rose to ₹55.16 crore and the EBITDA margin improved to 7.28%.
For the first half of FY26, the company reported total income of ₹1,308.02 crore and profit before tax of ₹72.80 crore. The profit-before-tax figure was stated to be 12.5% higher than the prior-year period. These reported figures provide a comparison point for the Q2 FY27 and H1 FY27 numbers due on November 13.
The quarterly-results table also shows revenue of ₹764.93 crore and net profit of ₹28.16 crore in the March 2026 quarter, followed by ₹715.40 crore revenue and ₹27.57 crore net profit in the June 2026 quarter. This sequence means the upcoming filing will show whether September-quarter sales and profit move beyond the June level, but no Q2 FY27 outcome has been disclosed before the board meeting.
Got a follow-up? Ask IRIS
What do MVGJL's annual figures show?
MVGJL reported FY26 net profit of ₹114.98 crore, compared with ₹100.43 crore in FY25, representing growth of 14.49%. The annual-results update also stated that FY26 sales rose 15.10% to ₹2,744.03 crore from ₹2,384.02 crore in FY25.
The company's annual financial table lists FY26 revenue of ₹2,759.22 crore, EBITDA of ₹199.00 crore and net profit of ₹114.98 crore. For FY25, the same table lists revenue of ₹2,397.46 crore, EBITDA of ₹177.97 crore and net profit of ₹100.43 crore. The supplied information presents slightly different FY26 revenue and sales figures across disclosures, while the reported net-profit figure is consistent.
The longer-term table shows net profit increasing from ₹43.68 crore in FY22 to ₹114.98 crore in FY26. EBITDA increased from ₹108.73 crore to ₹199.00 crore over the same period. These historical figures show why the half-year result is relevant for investors tracking the company's reported growth and profitability trend.
What should investors monitor in the November 13 disclosure?
Investors should monitor MVGJL's reported revenue, net profit, EBITDA, margins and earnings per share for both Q2 FY27 and H1 FY27. The June quarter delivered 30.05% year-on-year sales growth and 33.90% year-on-year net-profit growth, making comparable growth measures in the September-quarter filing important reference points.
The filing may also provide information on operations, including developments related to the franchise agreement approved for new Visakhapatnam stores, if the company chooses to discuss it with the financial results. The supplied announcement confirms the franchise agreement approval but does not specify financial targets, store counts or a launch timetable.
No share-price movement, analyst forecast or management guidance was provided in the supplied disclosures. As a result, the confirmed market event is the November 13 board meeting and the release of unaudited results, rather than any stated projection for the company's stock or future earnings.
Conclusion
MVGJL's November 13 meeting will deliver the company's first official view of performance for the September 2026 quarter and the first half of FY27. Its June-quarter results showed higher year-on-year revenue, profit and earnings per share, while its FY26 disclosures showed net profit of ₹114.98 crore.
The next confirmed event is the board's consideration and approval of unaudited Q2 FY27 and H1 FY27 results on November 13, 2026. Investors can watch for the reported financial metrics, any operational commentary, and disclosures made after the trading window reopens on November 15.


