D.P. Abhushan Ltd Share Price – NSE  / BSE

Diamond, Gems and Jewellery, Small Cap

D.P. Abhushan will hold a meeting of the Board of Directors of the Company on 16 May 2025.

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Net profit of D.P. Abhushan rose 123.46% to Rs 37.34 crore in the quarter ended December 2024 as against Rs 16.71 crore during the previous quarter ended December 2023. Sales rose 41.63% to Rs 1084.14 crore in the quarter ended December 2024 as against Rs 765.46 crore during the previous quarter ended December 2023.

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Total expenses rose by 39.3% YoY to Rs 1035.78 crore during the period under review. This was on account of higher raw material costs (up 113.65% YoY), higher employee costs (up 49.3% YoY) and higher other expenses (up 43.3% YoY).

Profit before tax in Q3 FY25 stood at Rs 49.38 crore, up by 121.7% from Rs 22.27 crore in Q3 FY24.

Separately, D.P. Abhushan informed that its board approved a proposal to raise funds through qualified institutions placement of equity shares for an amount not exceeding Rs 600 crore.

D. P. Abhushan is engaged in manufacturing, sale and trading of gold jewellery, diamond jewellery, platinum jewellery, silver jewellery and other precious Metals. Over the years, the company has expanded into a retail chain with branches in Ratlam, Indore, Udaipur, Bhopal, Ujjain, Bhilwara, Kota & Banswara.

The scrip fell 2.29% to currently trade at Rs 1755.15 on the BSE.

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The Board of D.P. Abhushan at its meeting held on 07 February 2025 has approved raising of funds through issuance of equity shares and / or convertible bonds (CBs), and / or non-convertible instruments and / or any other instruments and / or combination of instruments with or without detachable warrants with a right exercisable by the warrant holders to convert or subscribe to the equity shares or otherwise (hereinafter collectively referred to as the “Securities”) or any combination of the Securities, in one or more tranches, by way of one or more public and/or private offerings including on a preferential allotment basis and/or a qualified institutions placement for an amount not exceeding Rs 600 crore.

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