P N Gadgil Jewellers Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- P N Gadgil Jewellers Ltd reported a 21.3% 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 23.7%.
- Its expenses for the quarter were up by 18.3% QoQ and 22.6% YoY.
- The net profit increased 146.4% QoQ and increased 53.3% YoY.
- The earnings per share (EPS) of P N Gadgil Jewellers Ltd stood at 6.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2442.75 | 2013.11 | 1974.40 | 21.3% | 23.7% |
Total Expenses | 2327.75 | 1967.29 | 1899.05 | 18.3% | 22.6% |
Profit Before Tax | 115.01 | 45.83 | 75.35 | 150.9% | 52.6% |
Tax | 28.97 | 10.91 | 19.23 | 165.5% | 50.7% |
Profit After Tax | 86.04 | 34.92 | 56.12 | 146.4% | 53.3% |
Earnings Per Share | 6.30 | 2.60 | 0.00 | 142.3% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
P N Gadgil Jewellers Ltd is a prominent company in the jewelry industry, renowned for its exquisite collection of gold, silver, and diamond jewelry. The company has a strong market presence, particularly in India, where it caters to a diverse clientele with a wide range of traditional and modern jewelry designs. As a key player in the jewelry market, P N Gadgil Jewellers Ltd is known for its craftsmanship and quality. However, specific recent major developments regarding the company are not available in the current data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), P N Gadgil Jewellers Ltd reported a total income of ₹2442.75 crores. This marks a significant increase from the ₹2013.11 crores recorded in the second quarter of the same fiscal year (Q2FY25), representing a quarter-over-quarter (QoQ) growth of 21.3%. Compared to the third quarter of the previous fiscal year (Q3FY24), where the total income was ₹1974.40 crores, the company experienced a year-over-year (YoY) increase of 23.7%. This upward trend in revenue reflects a robust performance and increased sales during this period.
Profitability
The company's profitability witnessed substantial growth in Q3FY25. The profit before tax (PBT) amounted to ₹115.01 crores, up from ₹45.83 crores in Q2FY25, reflecting a QoQ increase of 150.9%. Furthermore, when compared to the same quarter in the previous fiscal year (Q3FY24), where the PBT was ₹75.35 crores, there was a YoY growth of 52.6%. After accounting for taxes, the profit after tax (PAT) for Q3FY25 stood at ₹86.04 crores, which is a notable rise from ₹34.92 crores in Q2FY25, and a YoY increase of 53.3% compared to ₹56.12 crores in Q3FY24. The earnings per share (EPS) for Q3FY25 was ₹6.30, a significant QoQ increase from ₹2.60 in Q2FY25.
Operating Metrics
The operating expenses for P N Gadgil Jewellers Ltd in Q3FY25 were ₹2327.75 crores, up from ₹1967.29 crores in Q2FY25, indicating a QoQ increase of 18.3%. Compared to Q3FY24, where the total expenses were ₹1899.05 crores, there was a YoY increase of 22.6%. The tax expense for Q3FY25 was ₹28.97 crores, which represents a QoQ increase of 165.5% from ₹10.91 crores in Q2FY25, and a YoY increase of 50.7% from ₹19.23 crores in Q3FY24. These financial metrics highlight the company's operational performance during the quarter.
