Quarterly Result8 Feb 2025, 05:35 pm
D.P. Abhushan Reports 123% YoY Growth in Net Profit for Q3FY25
AI Summary
D.P. Abhushan Limited, a well-known name in the jewellery sector, has reported an impressive growth of 123% YoY in net profit for the third quarter ended 31st December 2024. The company's revenue surged 42% YoY to ¥1,085 crores, EBITDA grew significantly by 92% YoY to ¥56 crores, and the highest ever PAT increased by 123% YoY to ¥37.34 crores. The company plans to raise ¥600 crores to support its strategic store expansion initiative via Equities & Convertibles.
Key Highlights
- Total Revenue was ¥1,085 Cr. for Q3FY25 compared to ¥766 Cr. in Q3FY24, an increase of 42% driven by sustained festivals & wedding demands.
- EBITDA stood at ¥56 Cr. for Q3FY25 compared to ¥29 Cr. in Q3FY24, a significant increase of 92%.
- PAT stood at ¥37 Cr. for Q3FY25 compared to ¥17 Cr. in Q3FY24, marking a highest ever growth of 123%.
- Company plans to raise ¥600 crores to support its strategic store expansion initiative via Equities & Convertibles.
- PAT Margin expanded by 81 bps YoY to ¥88 Cr. in 9MFY25.