Are Khazanchi Jewellers Ltd latest results good or bad?

Khazanchi Jewellers Ltd's latest financial results for the quarter ending December 2025 indicate a notable performance, albeit with some moderation compared to the previous quarter. The company reported net sales of ₹589.02 crores, reflecting a sequential growth of 7.37% from ₹548.60 crores in September 2025, which is a decrease from the previous quarter's growth of 35.88%. This suggests a slowdown in the momentum that was previously driven by strong festive demand. Net profit for the quarter was ₹25.13 crores, marking a sequential growth of 6.71% from ₹23.55 crores in the prior quarter, which also shows a decline from the 55.45% growth reported previously. The operating profit margin slightly decreased to 5.96% from 5.89%, indicating a stable margin performance despite the changes in sales and profit figures. Overall, while Khazanchi Jewellers continues to demonstrate growth, the latest results reflect a shift in the pace of that growth. The company has seen an adjustment in its evaluation, which may reflect market perceptions of its performance relative to expectations. The results highlight the importance of sustaining operational efficiency and managing seasonal demand fluctuations in the jewellery retail sector.