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Goldiam International Bags ₹60 Crore US Export Order for Lab-Grown Diamond Jewellery
Goldiam International Limited has secured a fresh export order worth ₹60 crore from customers in the United States for the manufacture and export of lab-grown diamond-studded gold jewellery. The order is scheduled for execution by October 31, 2026, reinforcing the company's strong position in the growing global lab-grown diamond jewellery market. The latest order further strengthens Goldiam's export pipeline and builds on its record financial performance in FY2025-26. The company had reported its highest-ever consolidated annual revenue of ₹1,021.23 crore, registering a 27.5% year-on-year growth, while consolidated profit after tax (PAT) increased 45.7% to ₹170.59 crore. For the fourth quarter of FY26, Goldiam posted consolidated revenue of ₹243.3 crore, up 21% compared to the corresponding period last year. Consolidated PAT rose 61% year-on-year to ₹37.2 crore, reflecting strong operational performance and sustained demand for its products. The new order also enhances revenue visibility for the first half of FY27 and complements the company's existing order book. Notably, the announced contract excludes online sales, leaving room for additional revenue from its e-commerce operations. Goldiam continues to strengthen its presence in the lab-grown diamond segment through its ORIGEM retail brand while leveraging its backward integration capabilities in diamond growing. This integrated business model enables the company to maintain greater control over production, improve operational efficiencies and enhance profit margins. The company also maintains a robust balance sheet, with cash and investments of ₹493.39 crore as of March 31, 2026, providing significant financial flexibility to support future growth initiatives. Following the recent 1:3 bonus equity share allotment, Goldiam's paid-up equity share capital now stands at ₹30.11 crore, comprising 15.06 crore equity shares. The latest export order underscores Goldiam International's growing credibility among international buyers and highlights the continued demand for Indian-manufactured lab-grown diamond jewellery in key overseas markets, particularly the United States. |
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