

Highlights:
Revenue up 8.8% YoY (ex-refinery up 31.4%)
EBITDA up 117% YoY
PAT up 127% YoY
EBITDA Margin: 6.6% (vs 3.3% last year)
PAT Margin: 3.6% (vs 1.7% last year)
EPS: 2.57 (vs 1.13 last year)
Half Year (H1 FY26) Performance:
Revenue up 6.1% YoY
EBITDA up 101% YoY
PAT up 113% YoY
Segmental Highlights (YoY Growth):
Retail: up 28.9%
E-commerce: up 113.2%
Franchise: up 104.7%
Product Performance:
Gold: 24% increase in value and 15% in volume vs previous quarter
Silver: 92% growth in value and 59% in volume
Diamonds: 31% rise in volume (QoQ), with stud ratio reaching 9%