Mini Diamonds Q1 FY27 Revenue Up 29.7% QoQ to ₹196.41 Cr
Mini Diamonds (India) Limited announced its financial results for the quarter ended June 30, 2026, reporting a significant sequential improvement in operating performance. Revenue from Operations increased by 29.71% to ₹196.41 Crore from ₹151.30 Crore in Q4 FY26. The company also saw a positive turnaround in profitability, with Profit Before Tax improving to ₹3.66 Crore from a loss of ₹7.52 Crore in the previous quarter, and Profit After Tax rising to ₹2.74 Crore from a loss of ₹5.15 Crore. This improvement is attributed to growing interest in lab-grown diamonds and geopolitical stability in the Middle East. The company also proposed a preferential issue of warrants to raise up to ₹8.88 Crores from the Promoter Group.
Key Highlights
- Revenue from operations surged 29.71% QoQ to ₹196.41 Cr.
- Profit Before Tax turned positive at ₹3.66 Cr from a loss.
- Profit After Tax improved to ₹2.74 Cr from a loss.
- Company proposes to raise ₹8.88 Cr via preferential issue of warrants.
- Growth driven by lab-grown diamond demand and Middle East stability.
Price Impact
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