P N Gadgil Jewellers Q4 net profit rises 13 percent to Rs 62 crore
P N Gadgil Jewellers reported a 13 percent increase in net profit to Rs 62 crore ($7.3 million) for the fourth quarter ended March 31, as against Rs 55 crore in the year-ago quarter.
The company's revenue for the quarter rose by 5 percent to Rs 1,588 crore, as against Rs 1,512 crore in the corresponding quarter of the previous fiscal year.
For the full financial year, the company reported a net profit of Rs 218 crore on a revenue of Rs 7,693 crore.
Commenting on the results, Dr Saurabh Gadgil, chairman managing director of P N Gadgil Jewellers Ltd in a statement said, 'Our Q4 and full-year FY25 performance reflects the strength of our brand, the trust of our customers, and our relentless focus on execution across formats. We have delivered strong growth across all key segments: retail, e-commerce, and franchise driven by our differentiated customer experience, focused expansion, and digital-first approach.'
'We successfully achieved our target store count of 53 by the end of FY25, reinforcing our commitment to strategic growth and deeper market penetration. Despite elevated gold prices during the quarter, we witnessed resilient consumer sentiment and robust demand, underscoring the strength of our brand proposition,' he added.
P N Gadgil Jewellers operates 53 retail stores, including 52 in Maharashtra and Goa, and one in the USA.
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