10-06-2025
Manoj Vaibhav Jewellers Q4 net profit rises 30 percent to Rs 27 crore
Manoj Vaibhav Gems N Jewellers reported a 30 percent increase in net profit to Rs 27 crore ($4 million) for the fourth quarter ended March 31, as against Rs 21 crore in the year-ago period.
The company's revenue for the quarter rose by 29 percent to Rs 705 crore, as against Rs 546 crore in the corresponding quarter of the previous fiscal year.
For the full financial year, the company reported a net profit of Rs 100 crore on a sales revenue of Rs 2,384 crore.
'Q4 FY 2024–25 marked a strong close to the fiscal year, with robust performance across key financial metrics. Sales grew steadily, reflecting sustained demand and effective market penetration from 4976 million in Q3 to 7051 million in Q4 with growth of 42 percent,' Manoj Vaibhav said in its investor presentation.
'The moderation in annual volumes reflects a strategic shift toward higher-value sales and temporary softness in consumer demand due to elevated gold prices, while quarterly stability highlights the underlying strength in core demand. The business continued to execute strategic priorities effectively, delivering profitable growth heading into FY 2025–26,' it added.
Manoj Vaibhav Gems N Jewellers Ltd also known as Vaibhav Jewellers is a regional jewellery brand from South India and has 13 showrooms in Andhra Pradesh & Telangana.
