DEEPA JEWELLERS Q2: REVENUE UP 24.6% YOY; NET PROFIT SURGES 37.1%, NEW HYDERABAD MANUFACTURING FACILITY OPERATIONAL

• Revenue Growth: Up 24.6% YoY to ₹625.60 Cr in Q2 FY27; H1 revenue up 30.1% YoY to ₹1,056.70 Cr • Net Profit: Up 37.1% YoY to ₹37.30 Cr; PAT margin improved 54 bps YoY to 5.96% • EBITDA Growth: Up 17.1% YoY to ₹45.30 Cr, with EBITDA margin at 7.24% • H1 Profitability: Net profit up 31.9% YoY to ₹64.10 Cr; PAT margin improved 9 bps YoY to 6.07% • Margin Pressure: H1 EBITDA margin declined to 7.95% from 8.32% YoY due to lower gross margins and higher employee costs • Gross Margin: At 7.80% in Q2; H1 gross margin stood at 8.50%, down 15 bps YoY • Manufacturing Expansion: Commenced operations at its in-house manufacturing facility in Hyderabad, strengthening production capabilities • H2 Growth Outlook: Management expects stronger growth in H2 FY27, supported by festive demand and fresh issue proceeds • Business Seasonality: H1 typically contributes approximately 40% of annual revenue, with the majority generated in H2 • Profit Growth Drivers: Higher other income and lower tax expenses supported PAT growth

DEEPA JEWELLERS LIMITED

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