Ashapuri Gold Ornament

Ashapuri Gold reported Q3 FY26 revenue growth of 7.76% YoYCurrent reported value: 7.76% YoY. No comparable prior figure is available in the source record. and EBITDA growth of 22.01% YoYCurrent reported value: 22.01% YoY. No comparable prior figure is available in the source record., with EBITDA margin expanding 233 bpsCurrent reported value: 233 bps. No comparable prior figure is available in the source record. to 8.78%Current reported value: 8.78%. No comparable prior figure is available in the source record.. However, volume declined 29% YoYCurrent reported value: 29% YoY. No comparable prior figure is available in the source record. due to gold price volatility, which caused consumers to defer purchases. Management expects volume recovery in Q4 as gold prices stabilize, targeting 20% volume growth for the full year. The company is pivoting to 18-carat and diamond/polki segments to address affordability, and has secured new orders from national chains. Key risk: sustained high gold prices could further delay consumer demand recovery, impacting volume targets.