Utssav CZ Gold Jewels Reports Stellar Financial Growth Amid Strategic Expansion

Utssav CZ Gold Jewels Limited announced notable growth in its FY26 financial results, driven by increased demand and strategic diversification. The company's revenue growth was fueled by an enriched product mix and market expansion, while its UAE subsidiary boosts global trade efficiency amid the volatile gold market.

Mumbai, May 25: Utssav CZ Gold Jewels Limited, a leader in manufacturing 18K, 20K, and 22K CZ gold and diamond jewelry, has unveiled its impressive audited financial results for the second half and full fiscal year 2026. The company, trading under NSE code UTSSAV, exhibited strong performance across its key financial metrics.

The highlights for H2 FY26 include a remarkable 87.79% year-on-year growth in total income, reaching ₹681.00 Cr. The company reported an EBITDA of ₹48.67 Cr, up by 98.95%, and a profit after tax (PAT) of ₹29.64 Cr, marking a 95.20% increase. Overall, the firm's EPS rose by 82.74% to ₹11.86 in the same period.

For the full fiscal year FY26, Utssav achieved a total income of ₹1,157.46 Cr, witnessing a 78.71% jump compared to the previous year. The EBITDA soared 132.28% to reach ₹93.70 Cr, while PAT surged by 135.67% to ₹59.06 Cr. Managing Director Pankajkumar Jagawat attributed this growth to robust market demand during festive seasons and strategic product diversification into lightweight and diamond jewelry sectors. Despite gold price fluctuations, Utssav has maintained a strong market presence, thanks to its innovative and customer-focused approach.