Darshan Orna Experiences Revision in Score Following Q3 FY 2024-25 Financial Results

Darshan Orna, a microcap player in the diamond and gold jewellery industry, has recently reported its financial results for the third quarter of fiscal year 2024-25. The results, announced on January 7, 2025, reflect a challenging period for the company, with a notable adjustment in its evaluation. The financial data reveals a significant downturn in net sales, which amounted to Rs 13.29 crore for the nine-month period, marking a year-on-year decrease of 36.92%. This decline in sales underscores the difficulties Darshan Orna is facing in the current market environment. Additionally, the profit after tax (PAT) for the same period stands at Rs 0.39 crore, mirroring the sales trend with a year-on-year decline of 36.92%. These figures indicate a concerning trajectory for Darshan Orna as it navigates the competitive jewellery sector. In light of these developments, the stock has been added to MarketsMOJO's list, reflecting the ongoing scrutiny of its performance metrics. The recent revision in its score further emphasizes the challenges the company is encountering as it seeks to regain its footing in the market.