Mini Diamonds Reports Q1 2026 Results Amid Key Personnel Transitions
Mini Diamonds (India) Ltd. has reported its Un-Audited Financial Results for the quarter ended June 30, 2026, alongside major changes in key management personnel following a Board meeting held on August 3, 2026. The company also announced the appointment of new leadership and provided details regarding the authorization of personnel responsible for material event disclosures.The Un-Audited Financial Results (both Standalone and Consolidated) were released along with a Limited Review Report received from the Statutory Auditors of the Company.
Q1 2026 Financial Performance Highlights
For the quarter ended June 30, 2026, Mini Diamonds reported key performance indicators across its standalone operations. Total Income for the quarter stood at 19,640.41 lakh Rs., compared to 15,142.05 lakh Rs. in the prior quarter and 56,835.33 lakh Rs. for the corresponding period ended March 31, 2026.Total expenses were recorded at 19,274.53 lakh Rs. in the recent quarter. The company achieved a Net Profit after tax of 273.80 lakh Rs., contrasting with a loss of (514.61) lakh Rs. reported in the prior quarter and a net profit of 160.45 lakh Rs. for the period ending March 31, 2026.
A summary of the Standalone performance metrics is provided below:
| Metric | Quarter Ended June 30, 2026 (Unaudited) | Prior Quarter Ended March 31, 2026 (Audited) | Period Ended June 30, 2025 (Unaudited) |
|---|---|---|---|
| Revenue from operations (Rs. in Lakhs) | 19,640.38 | 15,130.99 | 10,045.90 |
| Total Income (Rs. in Lakhs) | 19,640.41 | 15,142.05 | 56,835.33 |
| Net Profit / (Loss) after tax (Rs. in Lakhs) | 273.80 | (514.61) | 160.45 |
Key Management Personnel Changes and Appointments
The Board of Directors approved several appointments following the operational changes within the company. Mrs. Archana Rajesh Agarwal tendered her resignation from the role of Company Secretary and Compliance Officer (Key Managerial Personnel) effective August 3, 2026, citing personal reasons.Subsequently, Mrs. Ayushi Lunia was appointed as the new Company Secretary and Compliance Officer (Key Managerial Personnel), with the appointment taking effect from August 4, 2026.
Mrs. Lunia is an associate member of the Institute of Company Secretaries of India and a Commerce Graduate, bringing over nine years of experience in company secretarial roles relating to compliance with the Companies Act, SEBI Regulations, and FEMA.
Authorization for Material Event Disclosures
The Board also authorized key managerial personnel to handle disclosures of material events or information to Stock Exchanges, effective from August 4, 2026. Mrs. Ayushi Lunia has been designated as the Company Secretary and Compliance Officer responsible for making these disclosures.The company is actively involved in ancillary business through its two subsidiaries: Namra Jewels Private Limited and Pyramid Gold Assaying & Hallmarking Centre Private Limited. The consolidated results reflect the operational activities of both entities, which include the subsidiary's interim performance data, such as a total revenue of Rs. 12.47 Lakhs and a net loss after tax of (8.84) Lakhs for the quarter ended June 30, 2026.
Stock Price Movement
At the close of trade today, shares of Mini Diamonds India Ltd settled at ₹5.35 after ticking up 2.69%. The stock experienced intraday movement, trading within a range defined by a low of ₹5.30 and a high of ₹5.55.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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