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P N Gadgil Jewellers reports 23.5% growth in consolidated revenue YoY,  reaching Rs. 24,357.51 mn for Q3 FY25

P N Gadgil Jewellers Limited, announced its unaudited financial results for the quarter ended 31st December 2024.

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The company achieved its highest-ever revenue of Rs. 10,500 Mn+ in a single month in Oct-24 and total revenue of Rs. 24,357.51 Mn in Q3 FY25.9M FY25 Revenue, EBITDA and PAT grew YoY by 32.7%, 39.5% and 53.7% respectively. For Q3 FY25 (in Rs mn) Revenue from operations 24 357.51, EBIDTA 1297.70, EBITDA Margin (%) 5.3%, PAT 860.38, PAT margin(%) 3.5%, basic EPS 6.34.

Revenue per store stands at around Rs. 1,272 million, while net profit per store reached Rs. 32.56 million, demonstrating strong efficiency and profitability at the store level.

• Retail segment is 77% of our total sales, continues to lead the way, achieving an impressive Revenue growth of 41.8% an EBITDA margin of 6.8% and a PAT margin of 4.6%.

• The company’s E‐commerce segment experienced exceptional growth, with revenue increasing to Rs. 705 million, a 97.9% rise.

• Franchise revenue also grew to Rs. 2,264 million, with an 86.6% increase for Q3 FY 25.

• Strong Same-Store Sales Growth (SSSG) of 25.7% continues to drive sustained growth, underlining the successful performance of our existing showrooms for FY 25 YTD.

Operational Financial Highlights

• Increased Transaction Count and ATV: As customer engagement continues to rise, there has been a notable uptick in both transaction volumes and average spending per visit. The transaction count grew by 20.9%, alongside a 21.7% increase in Average Transaction Value (ATV), reaching Rs. 86K.

• Customer Footfall and Conversion Rate: A 36.2% increase in foot falls, coupled with a strong Conversion rate of 93.7%, further fuels our growth, reflecting increased Demand, customer engagement and sustained purchasing behavior at the store level.

• Festive Sales Surge: The festive season continues to contribute significantly to our performance, with Navratri sales growing by 18.0% and Diwali sales seeing a substantial increase of over 52.7%.

• Stud Ratio: A 38.7% YoY rise in stud ratio, which now stands at 7.4%.

Commenting on the performance, Dr. Saurabh Gadgil, Chairman & Managing Director, PN Gadgil Jewellers Limited, said, “Our strong Q3 FY25 performance reflects the continued trust of our customers and the strength of our retail presence. With record-high monthly revenue, robust same-store sales growth, and increasing customer engagement, we remain focused on enhancing our offerings and expanding our footprint. The successful launch of nine showrooms across nine consecutive days during Navratri underscores our commitment to growth, taking our store count to 48, with plans to reach 53 by Q4 FY25. The growth in all segments-retail, e-commerce, and franchise-reinforces our strategy and positions us well for sustained momentum in the coming quarters.”

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National News

Gifting Picks For Mother’s Day 2026 – Kushal’s Fashion Jewellery 

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Antique Finish 18K Gold Plated Jewellery

For the mother who gravitates toward bold artistry and tradition-inspired design, the Antique pick celebrates intricate craftsmanship with a rich, statement-making appeal. The featured 18K gold plated set showcases ornate detailing, ruby-toned stones, and delicate pearl drops that lend it a festive, heirloom-like charm. Paired with complementing bangles featuring floral accents and textured gold toned elements, the look feels expressive yet elegant. With its vintage finish and striking silhouette, this set is perfect for mothers who love jewellery that stands out while staying rooted in tradition.

Regal Elegance (Kundan)
Designed for the mother who appreciates regal elegance, the first Kundan pick captures the beauty of traditional artistry through its elaborate craftsmanship and refined detailing. The featured set blends classic kundan work with soft pearl elements and vibrant green coloured stones, creating a graceful balance of grandeur and sophistication. Perfect for celebratory occasions and statement styling, it is a piece that reflects festive charm with a contemporary sensibility.

Another set featuring teardrop-shaped kundan stones set in warm gold tones, paired with matching earrings and coordinated bangles, the look feels rich yet graceful. Perfect for festive occasions, it’s a style that reflects tradition with an easy, sophisticated appeal.

Floral American Diamond (Zircon)
For the mother who loves understated glamour, the first American diamond (Zircon) pick offers polished sparkle with a sleek, modern edge. The featured set showcases a rhodium-finish necklace and earrings with refined brilliance, creating a sophisticated yet versatile look. Elegant and premium in its structure and lightweight in feel, this piece is ideal for evening gatherings, parties, and elevated everyday styling-bringing effortless shine to every occasion.

Another set featuring a delicately structured necklace with CZ stones and soft pearl drops, paired with matching statement earrings, the look feels light, graceful, and occasion-ready. Perfect for celebrations or evening wear, it’s a style that adds just the right touch of shine without overpowering her natural elegance. 

This Mother’s Day, choose jewellery that reflects her individuality and celebrates her beyond the moment. With styles that are fashionable, premium, lightweight, comfortable, and designed to be worn again and again, Kushals Fashion Jewellery offers gifts that become part of her story-cherished long after the day is over. 

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