SHANKESH JEWELLERS Q2 Results FY27: Net Profit Rs 25.52 Cr, Revenue Rs 556.40 Cr, PAT Down 40.97% QoQ

SHANKESH JEWELLERS LTD (SHANKESH) Q2 Results FY27 announced on 5 November 2026, covering the company's financial performance for the July to September quarter. The results date brought standalone results with revenue of Rs 556.40 Cr and PAT of Rs 25.52 Cr, and SHANKESH JEWELLERS Q2 Results FY27 are measured against the previous quarter. Revenue is higher on that comparison, while PAT is lower.

This results analysis covers the financial highlights, business drivers, outlook and risks behind the SHANKESH JEWELLERS Q2 Results. The Financial Highlights table that follows places the Standalone figures beside the previous quarter, so every reported number is visible before the discussion starts.

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SHANKESH JEWELLERS Q2 Results FY27: Financial Highlights

Metric	Q2 FY27 (Sep 26)	Q1 FY27 (Jun 26)	QoQ Change
Revenue	Rs 556.4 Cr	Rs 423.58 Cr	+31.36% QoQ
Operating Profit	Rs 36.52 Cr	Rs 61.15 Cr	-40.28% QoQ
Net Profit (PAT)	Rs 25.52 Cr	Rs 43.23 Cr	-40.97% QoQ

Source: company filing for SHANKESH JEWELLERS Q2 Results FY27, 5 November 2026. Figures in Rs Crore, Standalone basis.

Key Takeaways from SHANKESH JEWELLERS Q2 Results: What Stands Out

• Revenue of Rs 556.40 Cr grew 31.36% QoQ from Rs 423.58 Cr, so the standalone results show a larger top line than the previous quarter.
• Operating Profit was Rs 36.52 Cr against Rs 61.15 Cr, and SHANKESH JEWELLERS Q2 Results FY27 record a QoQ change of -40.28% as reported.
• Net profit of Rs 25.52 Cr compares with Rs 43.23 Cr in the previous quarter, a QoQ change of -40.97% as reported.
• Net profit margin narrowed to 4.6% from 10.2% in the previous quarter.
• Return on equity was 68.82% in FY26, and debt was high at 0.80 times total assets in FY26.

SHANKESH JEWELLERS Q2 Results FY27: Performance Analysis

SHANKESH JEWELLERS Q2 Results FY27 show revenue higher and both profit lines lower than the previous quarter. Revenue grew 31.36% QoQ to Rs 556.40 Cr, Operating Profit moved to Rs 36.52 Cr and net profit moved to Rs 25.52 Cr, so the results analysis shows profit falling while revenue rose.

In rupee terms, revenue moved from Rs 423.58 Cr to Rs 556.40 Cr, while net profit moved from Rs 43.23 Cr to Rs 25.52 Cr. Read together in the SHANKESH JEWELLERS Q2 Results figures, this is why the net profit margin narrowed from 10.2% to 4.6%.

Investors will watch whether later quarterly results keep the same QoQ growth pattern in revenue on a standalone basis. Univest readers can follow each new declaration through the Univest Screener. The quarterly results analysis now turns to the business factors that were disclosed. Revenue growth of 31.36% QoQ and a net profit fall of 40.97% QoQ sit side by side in the reported figures, which is why both lines need to be read together.

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Key Business Factors This Quarter

Revenue Growth – The results analysis begins with revenue, which grew 31.4% quarter on quarter to Rs 556.40 Cr in the latest quarter. This is the first disclosed factor and the base for the profit lines discussed in the risks.

Return on Equity – Return on equity was 68.82% in FY26, a second disclosed factor that SHANKESH JEWELLERS Q2 Results FY27 place beside the revenue figure.

Return on Capital Employed – Return on capital employed was 50.38% in FY26. This disclosed ratio is the third factor, and it frames the quarterly results from the capital side.

FY27 Outlook After SHANKESH JEWELLERS Q2 Results

This results analysis keeps to the disclosed figures. FY27 full-year standalone results will depend on the quarters still to be declared and on the sector conditions disclosed over that period, and net profit of Rs 25.52 Cr is one data point in that sequence. Later declarations remain the source for any change, and readers should compare each new quarter with the previous quarter in the same way.

SHANKESH JEWELLERS Q2 Results FY27 will be compared with the next declarations, where revenue, Operating Profit and net profit will show how the year develops. Readers can follow those figures in the Univest app. The risks attached to this quarter's numbers follow below.

Key Risks to Watch After SHANKESH JEWELLERS Q2 Results FY27

Net Profit Fell QoQ

Net profit fell 41.0% quarter on quarter to Rs 25.52 Cr. This is the first risk to watch, because revenue grew in the same quarter.

Net Profit Margin

Net profit margin narrowed to 4.6% from 10.2% in the previous quarter. SHANKESH JEWELLERS Q2 Results FY27 therefore show a thinner margin on a larger revenue base.

High Debt

Debt is high at 0.80 times total assets in FY26. Investors will watch whether later quarters change this ratio.

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Conclusion

SHANKESH JEWELLERS Q2 Results FY27 record standalone revenue of Rs 556.40 Cr and net profit of Rs 25.52 Cr for the July to September 2026 quarter. Revenue grew 31.36% QoQ while net profit moved from Rs 43.23 Cr to Rs 25.52 Cr, which are the main facts in the quarterly results. Anyone reading the SHANKESH JEWELLERS Q2 Results figures should weigh them with the margin and debt figures. Investors should consult a SEBI-registered advisor before acting.

Frequently Asked Questions on SHANKESH JEWELLERS Q2 Results FY27

What are SHANKESH JEWELLERS Q2 Results FY27?

Ans. SHANKESH JEWELLERS Q2 Results FY27 cover July to September 2026, with standalone revenue of Rs 556.40 Cr and net profit of Rs 25.52 Cr. Alongside this, the Financial Highlights table sets both against the previous quarter.

What is the results date for SHANKESH JEWELLERS Q2 Results FY27?

Ans. The results date for SHANKESH JEWELLERS Q2 Results FY27 is 5 November 2026. This date appears in the Quick Answer and again in the opening paragraph of the article.

What revenue was reported in SHANKESH JEWELLERS Q2 Results FY27?

Ans. SHANKESH JEWELLERS reported revenue of Rs 556.40 Cr in SHANKESH JEWELLERS Q2 Results FY27, compared with Rs 423.58 Cr in the previous quarter. The Performance Analysis explains how this fits with profit.

What net profit was reported in SHANKESH JEWELLERS Q2 Results FY27?

Ans. Net profit in SHANKESH JEWELLERS Q2 Results FY27 was Rs 25.52 Cr, against Rs 43.23 Cr in the previous quarter. So the bottom line fell, as the Performance Analysis section shows.

How much QoQ growth did revenue show in SHANKESH JEWELLERS Q2 Results FY27?

Ans. Revenue showed QoQ growth of 31.36% in SHANKESH JEWELLERS Q2 Results FY27, moving from Rs 423.58 Cr to Rs 556.40 Cr. This growth is described in the Key Business Factors section.

Did net profit rise or fall in SHANKESH JEWELLERS Q2 Results?

Ans. Net profit fell QoQ in the SHANKESH JEWELLERS Q2 Results, from Rs 43.23 Cr to Rs 25.52 Cr. Compared with revenue growth of 31.36%, this is covered in the Key Takeaways section.

What was the Operating Profit in SHANKESH JEWELLERS Q2 Results FY27?

Ans. Operating Profit in SHANKESH JEWELLERS Q2 Results FY27 was Rs 36.52 Cr, against Rs 61.15 Cr in the previous quarter. This line is explained in the Performance Analysis section.

Are SHANKESH JEWELLERS Q2 Results standalone results or consolidated results?

Ans. The SHANKESH JEWELLERS Q2 Results are standalone results, declared on a Standalone basis on 5 November 2026. This basis is stated in the Quick Answer and used for every figure in the article.

What business factors shaped SHANKESH JEWELLERS Q2 Results FY27?

Ans. The disclosed factors are revenue growth of 31.4% QoQ, a return on equity of 68.82% and a return on capital employed of 50.38% in FY26. The Key Business Factors section describes each one.

What are the key risks after SHANKESH JEWELLERS Q2 Results FY27?

Ans. The risks after SHANKESH JEWELLERS Q2 Results FY27 are a 41.0% QoQ fall in net profit, a narrower net profit margin of 4.6% and debt of 0.80 times total assets. Each one appears in the Key Risks section.

What is the outlook after SHANKESH JEWELLERS Q2 Results?

Ans. FY27 full-year standalone results after the SHANKESH JEWELLERS Q2 Results will depend on the quarters still to be declared. This means the Outlook section links any view to later declarations only.

Where can I find the complete SHANKESH JEWELLERS Q2 Results FY27 data?

Ans. The complete SHANKESH JEWELLERS Q2 Results FY27 figures for revenue, Operating Profit and net profit sit in the Financial Highlights table of this article. Alongside this, the Univest Screener lets readers follow later filings.