P N Gadgil Jewellers Ltd. Records Consolidated Revenue Growth of 33% YOY to Rs. 16,681.82 Million in Q1FY25

P N Gadgil Jewellers Ltd. has announced its financial and business performance for the quarter ended June 30, 2024. The company's consolidated revenue grew by approximately 33% in Q1FY25 compared to Q1FY24, primarily driven by robust sales momentum across stores. The total revenue for the quarter was Rs. 16,681.82 million, compared to Rs. 12,568 million for the same period during the previous financial year. The company recorded an EBIDTA of Rs. 662.58 million for Q1FY25, compared to Rs. 456.44 million in the same quarter of the previous year. Retail Revenue in FY 25 grew Rs. 9881.62 million from Rs. 7892.05 million in FY 24, a growth of 25% YOY. E-com Revenue in Q1FY 25 grew to Rs. 292.64 million from Rs. 132.98 million YOY in FY 24, a growth of 120%. Franchise Revenue in FY 25 to grew Rs. 1283.41 million from Rs. 1040.61 million in FY24, a growth of 23%. During the first quarter, P N Gadgil Jewellers launched fresh collections of Saptam 2 (Gold Jewellery) and Polmi Polki Collection (Diamond Jewellery) and opened 3 new Stores in Maharashtra.