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Reading: PN Gadgil Jewellers Q3 Outcomes: Revenue surges 49% to Rs 86 crore, income jumps 23%
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StockWaves > Financial News > PN Gadgil Jewellers Q3 Outcomes: Revenue surges 49% to Rs 86 crore, income jumps 23%
Financial News

PN Gadgil Jewellers Q3 Outcomes: Revenue surges 49% to Rs 86 crore, income jumps 23%

StockWaves By StockWaves Last updated: February 12, 2025 2 Min Read
PN Gadgil Jewellers Q3 Outcomes: Revenue surges 49% to Rs 86 crore, income jumps 23%
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Just lately listed jewelry agency P N Gadgil Jewellers Restricted has clocked a 49.4 per cent enhance in its revenue within the Q3 of FY25 as in comparison with the identical quarter final 12 months. The corporate’s revenue went as much as Rs 86 crore within the third quarter of the present fiscal.

The entire income of the corporate stood at Rs. 2,435.7 crore in Q3 FY25, a 23.5 per cent development year-on-year. Income per retailer stands at round Rs 127.2 crore whereas the online revenue per retailer reached Rs 3.25 crore.

A launch issued by the corporate mentioned that the retail section is 77% of the corporate’s whole gross sales attaining a income development of 41.8%, an EBITDA margin of 6.8% and a PAT margin of 4.6%. The corporate’s E‐commerce section skilled a 97.9 per cent rise, with income rising to Rs 70.5 crore.

Franchise income additionally grew to Rs. 226.4 crore, with an 86.6% enhance for Q3 FY25. Identical-Retailer Gross sales Development (SSSG) stood at 25.7 p.c.

Commenting on the efficiency, Saurabh Gadgil, Chairman & Managing Director, P N Gadgil Jewellers Restricted, mentioned,“Our Q3 FY25 efficiency displays the continued belief of our clients and the energy of our retail presence. With record-high month-to-month income, strong same-store gross sales development, and rising buyer engagement, we stay centered on enhancing our choices and increasing our footprint. The launch of 9 showrooms throughout 9 consecutive days throughout Navratri took our retailer depend to 48, with plans to achieve 53 by This autumn FY25.”

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