D P Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161) reported a sharp improvement in operating and profit performance in Q3FY26, led by higher festive and wedding demand across its Central India markets.

The company recorded a 13% year-on-year growth in quarterly revenue to Rs 1,222.37 crore, while profit after tax nearly doubled to Rs 73.35 crore, supported by margin expansion and improved operating leverage.

EBITDA for the quarter rose 89% year-on-year and 39% quarter-on-quarter to Rs 105.63 crore, while EBITDA margin expanded to 8.64%, compared to 5.14% in Q3FY25 and 7.83% in Q2FY26. Profit after tax increased 96% year-on-year and 43% quarter-on-quarter to Rs 73.35 crore, with PAT margin improving to 6% from 3.44% in the corresponding quarter last year.

For the nine months ended December 2025, total revenue reached Rs 2,731.44 crore, registering a 5% year-on-year increase. EBITDA rose 79% year-on-year to Rs 236.68 crore, while EBITDA margin improved to 8.67% from 5.09% in the previous year period. Profit after tax for 9MFY26 stood at Rs 161.24 crore, an 84% increase over the previous year.

Commenting on the performance, Managing Director Santosh Kataria said the company delivered 13% year-on-year revenue growth despite elevated gold prices across the industry impacting volumes. He stated that EBITDA and PAT grew by 89% and 96% year-on-year, respectively.

Kataria said wedding demand and festive momentum during October and November supported revenue growth. He added that silver emerged as a key growth driver during the quarter, supported by festive gifting and affordability-led demand.

He also noted that customers with committed events, particularly weddings, continued to purchase actively, while investment-oriented customers remained engaged through savings and accumulation schemes.

From a strategic perspective, Kataria said disciplined inventory management and natural hedging enabled the company to navigate gold price volatility. He added that high-value wedding jewellery and traditional 22-carat products continued to anchor demand.

The company stated that a few new store locations have been finalised and that further expansion opportunities are under evaluation in line with its growth strategy.