Goldiam International Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- Goldiam International Ltd reported a 104.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 40.5%.
- Its expenses for the quarter were up by 102.5% QoQ and 34.3% YoY.
- The net profit increased 124.9% QoQ and increased 53.6% YoY.
- The earnings per share (EPS) of Goldiam International Ltd stood at 4.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 287.96 | 141.09 | 204.95 | 104.1% | 40.5% |
Total Expenses | 218.77 | 108.06 | 162.89 | 102.5% | 34.3% |
Profit Before Tax | 69.19 | 33.02 | 42.07 | 109.5% | 64.5% |
Tax | 19.43 | 10.90 | 9.67 | 78.3% | 100.9% |
Profit After Tax | 49.76 | 22.13 | 32.39 | 124.9% | 53.6% |
Earnings Per Share | 4.70 | 2.10 | 3.00 | 123.8% | 56.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Goldiam International Ltd is a company primarily involved in the jewelry industry, specializing in the manufacture and export of diamond-studded gold, platinum, and silver jewelry. The company caters to various markets globally, with significant operations in the United States and Europe, providing high-quality jewelry designs that cater to changing consumer preferences. As of the most recent updates, no specific recent major developments have been reported.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Goldiam International Ltd reported a total income of ₹287.96 crores. This reflects a significant increase of 104.1% on a quarter-over-quarter (QoQ) basis compared to ₹141.09 crores in the second quarter of fiscal year 2025 (Q2FY25). On a year-over-year (YoY) basis, total income has increased by 40.5% from ₹204.95 crores in the third quarter of fiscal year 2024 (Q3FY24). This substantial growth in revenue indicates an upward trajectory in the company's financial performance over the past year.
Profitability
The profitability of Goldiam International Ltd has shown a positive trend, with the company recording a profit before tax of ₹69.19 crores in Q3FY25. This amount marks an increase of 109.5% QoQ from ₹33.02 crores in Q2FY25 and a 64.5% increase YoY from ₹42.07 crores in Q3FY24. After accounting for tax expenses of ₹19.43 crores in Q3FY25, the profit after tax stands at ₹49.76 crores, which is a 124.9% increase QoQ compared to ₹22.13 crores in Q2FY25, and a 53.6% increase YoY from ₹32.39 crores in Q3FY24. Additionally, the earnings per share increased to ₹4.70 in Q3FY25 from ₹2.10 in Q2FY25, reflecting a QoQ growth of 123.8% and a YoY growth of 56.7% from ₹3.00 in Q3FY24.
Operating Metrics
For the third quarter of fiscal year 2025, Goldiam International Ltd reported total expenses of ₹218.77 crores, which increased by 102.5% compared to ₹108.06 crores in the previous quarter (Q2FY25) and by 34.3% from ₹162.89 crores in the same quarter of the previous year (Q3FY24). This rise in expenses is consistent with the increase in total income, maintaining the company's operational scale. The company's tax expenses for Q3FY25 were ₹19.43 crores, representing a QoQ increase of 78.3% from ₹10.90 crores in Q2FY25 and a YoY increase of 100.9% from ₹9.67 crores in Q3FY24, which aligns with the overall increase in profitability before tax. These metrics illustrate the company's ability to manage its operational costs while achieving substantial revenue growth.
