
Quarterly Result8 Jan 2025, 10:38 pm
PN Gadgil Jewellers Ltd Reports Q3 FY25 Consolidated YoY Growth of 24%
AI Summary
PN Gadgil Jewellers Ltd, a leading and trusted jewellery brand in India, has reported a consolidated YoY growth of around 24% in Q3 FY25 compared to the same period in Q3 FY24. This growth was driven by a strong increase in same store sales, festive demand in Dussehra, Diwali and the wedding season. The Retail segment saw a YoY revenue growth of around 42%, while the Franchise segment experienced a YoY revenue increase of around 87%. The E-commerce segment grew by around 98% compared to Q3 FY24. The Diamond category achieved a stellar revenue growth of around 40% on a YoY basis compared to Q3 FY24. The brand is all set to open 3 more stores in the upcoming quarter, further enhancing its store presence.
Key Highlights
- Consolidated YoY growth of around 24% in Q3 FY25 compared to Q3 FY24
- Retail segment saw a YoY revenue growth of around 42%
- Franchise segment experienced a YoY revenue increase of around 87%
- E-commerce segment grew by around 98% compared to Q3 FY24
- Diamond category achieved a stellar revenue growth of around 40% on a YoY basis compared to Q3 FY24
- Plan to open 3 more stores in the upcoming quarter