loader image
Connect with us

National News

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.

Published

on

281 Views

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.”

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

National News

Celebrate Prosperity In Style – Akshaya Tritiya 2026 Gifting Guide By TrueSilver

Modern Silver Jewellery Takes Centre Stage This Akshaya Tritiya, Blending Everyday Elegance with Meaningful Gifting and Accessible Luxury

Published

on

1,912 Views

Akshaya Tritiya has long been synonymous with gold, symbolizing prosperity, abundance, and new beginnings. But in 2026, the narrative is evolving. As consumers look for more versatile, wearable, and accessible investments, silver is emerging as the new gold, bringing together value, style, and everyday relevance.

Today’s festive shopper is choosing pieces that don’t just sit in lockers but become part of daily expression. From silver rings for women and silver rings for men to silver bracelets for men styles and silver bracelets for women, as well as silver chains for women and silver chains for men, and silver anklets for women, sterling silver jewellery is redefining how India celebrates auspicious occasions.

TrueSilver captures this shift with thoughtfully designed pieces across categories, making it easier to find something meaningful, modern, and wearable this Akshaya Tritiya.

Silver Whimsy Filigree Charm Paperclip Chain Bracelet

Blending delicate detailing with a contemporary paperclip chain, this bracelet offers a fresh take on festive jewellery. Crafted in 925 sterling silver, it reflects both elegance and versatility. A refined silver bracelet for women, it’s an ideal Akshaya Tritiya pick, symbolizing prosperity while being light enough for everyday wear.

Lyria U Hoops

Minimal yet impactful, the Lyria U Hoops are designed for effortless styling. Their clean silhouette makes them a staple in any modern silver jewellery collection. Whether paired with silver chains for women or stacked silver rings, they transition seamlessly across occasions, making them a thoughtful gifting choice for someone who appreciates understated design.

Layered Sea-Shell Star Beaded Anklets

Bringing together playful elements and fine detailing, these anklets add movement and character to festive styling. Crafted in sterling silver, the layered design stands out without being overpowering. A unique take on silver anklets for women and anklets for women silver, this piece works beautifully for Akshaya Tritiya, adding a contemporary twist to traditional jewellery choices.

Celestia Dainty Silver Eternity Band

Timeless in its appeal, the Celestia eternity band symbolizes continuity, making it especially relevant for an occasion rooted in long-term prosperity. A classic among silver rings for women, it also aligns with the growing popularity of ring silver womens styles that are minimal, elegant, and designed for everyday wear.

Diamond Cut Curb Chain Bracelet for Men(4.5 mm)

Bold and structured, this diamond-cut curb chain bracelet for men offers a more statement-led take on sterling silver jewellery. Its clean, defined links add a modern edge, making it suitable for those who prefer stronger silhouettes. It stands out on its own or layered with other pieces, offering versatility across both casual and occasion wear.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x