Koura Fine Diamond Jewelry544139Quarterly results

Board approves H1 results, allots 2.15 lakh shares on warrant conversion and names new CFO

Board approved unaudited results for the half year ended 30 September 2026: revenue Rs. 6,383.72 lakhs, profit Rs. 313.74 lakhs, EPS Rs. 5.20.

By ScoutQuest · Mon 19 Oct 2026, 4:31 PM IST · 3 min read

Revenue (H1 FY, half year ended 30 Sep 2026): Rs. 6,383.72 lakhs
Profit for the half year: Rs. 313.74 lakhs
Earnings per share: Rs. 5.20

Half-year results (half year ended 30 September 2026)

Revenue from operations: Rs. 6,383.72 lakhs
Total revenue: Rs. 6,384.85 lakhs
Total expenses: Rs. 5,965.58 lakhs
Profit before tax: Rs. 419.27 lakhs
Profit for the period: Rs. 313.74 lakhs
Earnings per share: Rs. 5.20

These are unaudited results, reviewed by the Audit Committee and given a limited review by the statutory auditors, Bimal Shah Associates. In the half year ended 30 September 2025 the company reported revenue from operations of Rs. 6,000.78 lakhs, profit of Rs. 35.75 lakhs and earnings per share of Rs. 0.76.

Warrant conversion

2.15 lakh equity shares of face value Rs. 10/- each allotted at Rs. 31.30/- per share, including a premium of Rs. 21.30/- per share.
These were issued on conversion of 2.15 lakh warrants, one warrant for one equity share, on receipt of the balance consideration of 75% of the issue price of the warrants.
Total consideration: Rs. 67,29,500.
Allottee: Soham Kamlesh Lodhiya.
The new shares rank pari-passu with existing equity shares and will be listed on BSE Ltd.

Management change

Ms. Charni Kamlesh Lodhiya, Chief Financial Officer and Key Managerial Person, tendered her resignation as CFO on October 19, 2026, citing better career growth. Her last working day as CFO was October 19, 2026, and she will continue to serve as a Whole-time Director.
The board appointed Mr. Soham Kamlesh Lodhiya as Chief Financial Officer and Key Managerial Person with effect from October 19, 2026. He has been a Whole-time Director since 3 September 2025, belongs to the promoter group, and holds a Bachelor's Degree in Architecture.

Preferential issue and fund use

Mode of fund raising: preferential issue, date of allotment August 22, 2025; total issue size Rs. 985.95 Lakhs.
Amount raised as on 30-09-2026: 818.11 Lakhs, made up of 203.45 Lakhs (equity shares), 558.71 Lakhs (conversion of warrants into equity shares) and 55.95 Lakhs (share warrants).
The company states there is no deviation or variation in use of the funds raised.
Object-wise use: working capital allocation Rs. 788.76 lakhs, utilised Rs. 788.76 lakhs, deviation 0.00; general corporate purposes allocation Rs. 197.19 lakhs, utilised Rs. 29.35 lakhs, deviation 0.00.

Balance sheet snapshot (as at 30 September 2026, unaudited)

Total equity and liabilities: Rs. 3,740.95 lakhs, against Rs. 1,844.05 lakhs as at 31 March 2026.
Share capital: Rs. 603.65 lakhs; reserves and surplus: Rs. 1,422.08 lakhs.
Current liabilities: Rs. 1,659.28 lakhs, including short term borrowings of Rs. 76.79 lakhs and trade payables of Rs. 1,042.36 lakhs due to creditors other than micro and small enterprises.
Inventories: Rs. 1,643.27 lakhs; trade receivables: Rs. 1,847.33 lakhs; cash and bank balances: Rs. 65.79 lakhs.

What this means for a reader

The update bundles three things in one board outcome: the half-year numbers, a fresh issue of shares against warrants already allotted, and a change of CFO within the promoter family. The results set out above, the allotment size and price, and the continuity of the outgoing CFO as a Whole-time Director are the facts to weigh.

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