Press Release

Press Release - Q1 FY27 - Revenue 24.13bn +41% y-y; EBITDA 1.92bn +57% y-y (margin 8.0%, +80 bps y-y); PAT 1.05bn +52% y-y (margin 4.4%, +40 bps y-y) - Retail revenue share increased to 78% from 70% in Q1 FY26, driven by strong same-store sales growth of 46.1% y-y - Diamond category grew 29% in value and 26% in volume; gold value up 54%, silver value up 131% y-y - Akshay Tritiya festive sales surged 80.3% y-y to 2.51bn - Hedge coverage increased to ~70%, aiming for 80%+ soon to reduce gold price volatility risk - Expansion on track with 78 stores operational; new store launches planned mainly in Q3 and Q4 FY27 - Chairman MD: "Confident of sustaining profitable growth and creating long-term value"