What's Happening?
Naksh Precious Metals Limited, formerly known as Vaksons Automobiles Limited, has released its unaudited standalone and consolidated financial results for the quarter ending December 31, 2025. The company, which operates in the jewellery trading and manufacturing sector, reported a significant improvement in profitability for the third quarter of FY26. The standalone net profit for the quarter was ₹7.49 lakhs, a substantial increase from ₹0.80 lakhs in the previous quarter. Total income also rose to ₹6.00 lakhs from ₹2.17 lakhs. The consolidated results, including its subsidiary NAS Global Industries Private Limited, showed a net profit of ₹7.30 lakhs for Q3FY26. The company maintains a strong cash position with cash-in-hand of ₹194.61 lakhs and consolidated cash of ₹201.62
lakhs. The auditors, DGMS & Co., highlighted reliance on management representations for inventory and cash balance verification due to the nature of the limited review engagement.
Why It's Important?
The financial performance of Naksh Precious Metals Limited is significant as it reflects the company's ability to enhance profitability and maintain a strong cash position in a competitive market. The improvement in financial metrics suggests effective management strategies and operational efficiencies. This performance could attract investor interest and potentially increase the company's market valuation. The emphasis on management representations by auditors indicates areas of potential risk, which stakeholders should monitor closely. The company's ability to sustain profitability and manage its resources effectively will be crucial for its long-term growth and stability in the jewellery trading and manufacturing industry.
