Shringar House of Mangalsutra Limited (SHOML) reported its unaudited financial results for the quarter and nine months ended December 31, 2025, on February 12, 2026, in Mumbai.

Revenue from operations for Q3 FY26 stood at Rs 658.9 crore, compared to Rs 391.3 crore in Q3 FY25, registering year-on-year growth of 68.4%. The company attributed the growth largely to favourable movement in gold prices.

Gross profit for the quarter rose to Rs 54.7 crore from Rs 25.9 crore, with gross profit margins expanding to 8.3% from 6.6%. EBITDA increased 105.8% to Rs 40.2 crore, while EBITDA margins improved by 111 basis points to 6.1%.

Profit after tax for Q3 FY26 was Rs 30.1 crore, compared to Rs 12.9 crore in the corresponding quarter last year, reflecting 134.2% growth. PAT margin stood at 4.6%, up 129 basis points year-on-year.

For the nine-month period, revenue reached Rs 1,520.3 crore, up 41.0% year-on-year. EBITDA stood at Rs 114.0 crore, while profit after tax was Rs 81.5 crore. 

Commenting on the results, Chetan N Thadeshwar said “The favourable movement in gold prices, combined with sustained domestic demand, significantly strengthened our operating performance this quarter. Our EBITDA more than doubled, highlighting the strength of our business model and the efficiency of our operations.” 

The company opened a new branch office in Pune and continues operations from its existing Delhi office. It has onboarded five third-party facilitators to strengthen distribution and expand into new markets.