Augmont Enterprises reported a 15.3% year-on-year decline in net profit to ₹58 crore for the first quarter of FY27, compared with ₹68 crore in the year-ago period. Revenue from operations rose 30.2% YoY to ₹18,946 crore from ₹14,552 crore. EBITDA declined 47.2% YoY to ₹53 crore from ₹100 crore, while EBITDA margin stood at 0.3% compared with 0.7% in the corresponding quarter last year.
The company said its core platform businesses continued to perform well during the quarter. SPOT revenue grew 55% YoY, while Digital Gold revenue increased 120%. Gold Loans AUM expanded 134% YoY to ₹1,270 crore. Coins & Bars and EMI Jewellery each grew approximately 65% YoY, according to the company.
Augmont said the year-on-year decline in PAT was largely attributable to international sales, which were unusually concentrated in the first quarter of the previous year. It added that geopolitical disruptions in the Middle East weighed on export volumes during the quarter.
The company said international sales recovered sequentially from Q4 FY26, indicating a gradual normalisation of the export channel despite continued uncertainty. During the quarter, Augmont accelerated domestic scrap-gold sourcing by onboarding new recycling partners and deepening relationships across its ecosystem, citing the government's emphasis on reducing gold imports and easing pressure on India's current account deficit.
Management said the move resulted in a near-term cost of acquisition and compressed margins, but expanded the company's sourcing ecosystem and strengthened partner relationships. Sequentially, EBITDA margin improved to 0.44% in Q1 FY27 from 0.31% in Q4 FY26, while PAT margin rose to 0.32% from 0.22%, the company said.
Augmont said it had 50.6 million registered consumers and had received India's No. 1 Gold Platform recognition for the second consecutive year. It also said it had signed an MOU with NSE for Electronic Gold Receipts. Augmont Enterprises Ltd shares closed at ₹880.10 on September 21, rising 0.66%, or ₹5.75, on the NSE.