P N Gadgil Jewellers Q2 FY27 Revenue ₹26,663.8 Mn; Growth 22.4%
P N Gadgil Jewellers Ltd announced its unaudited financial results for Q2 FY27, reporting a revenue of ₹26,663.8 Mn, a 22.4% increase year-on-year. EBITDA grew by 57.1% to ₹2,246.1 Mn, and Profit After Tax (PAT) rose by 52.7% to ₹1,211.1 Mn. The company saw a significant increase in its retail contribution to total revenue, rising to 77% from 72% in the previous year. Same-Store Sales Growth (SSSG) was robust at 25.5% YoY. The company also announced the rebranding of LiteStyle to YOOU, aiming to enhance brand resonance among younger consumers. The diamond category showed strong momentum with 21% value growth, and the gold jewellery category grew by 47% in value. CRISIL reaffirmed the company's 'A+/Stable' credit rating.
Key Highlights
- Q2 FY27 revenue grew 22.4% YoY to ₹26,663.8 Mn.
- EBITDA and PAT increased by 57.1% and 52.7% respectively.
- Retail revenue share increased to 77% from 72% YoY.
- Same-Store Sales Growth (SSSG) stood at a strong 25.5% YoY.
- CRISIL reaffirmed 'A+/Stable' credit rating.
Price Impact
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