National News
P N Gadgil Jewellers sees 25.9% YoY Growth in Consolidated Revenue to ₹76,934.68 Mn in FY25
EBITDA Up 33.2% and PAT Up 40.7%
P N Gadgil Jewellers Limited, one of the most reputed jewellers in the country, boasts over 192 years of excellence in creativity and trusted service in the retail business of gold, silver, and diamond jewellery, announced its audited financial results for the quarter ended 31st March 2025.
The company achieved its highest-ever single-day festive sales on the occasion of Gudi Padwa, recording revenue of Rs. 123.5 crore in Q4 FY25 an increase of 40.4% year-on-year growth.
Key Financial Highlights:

Particulars (INR Mn) Q4FY25 Q4FY24 Y-o-Y Q3FY25 Q-o-Q FY25 FY24 Y-o-Y
| Revenue from Operations | 15,882.24 | 15,120.16 | 5.0% | 24,357.51 | -34.8% | 76,934.68 | 61,120.22 | 25.9% |
| EBITDA | 1,090.43 | 911.16 | 19.7% | 1,297.70 | -16.0% | 3,709.54 | 2,785.03 | 33.2% |
| EBITDA Margin (%) | 6.9% | 6.0% | +90 bps | 5.3% | +160 bps | 4.8% | 4.6% | +20 bps |
| Profit After Tax | 619.90 | 549.30 | 12.9% | 860.38 | -28.0% | 2,182.68 | 1,551.49 | 40.7% |
| PAT Margins (%) | 3.9% | 3.6% | +30 bps | 3.5% | +40 bps | 2.8% | 2.5% | +30 bps |
Basic EPS 4.57 7.68 6.34 17.10 21.70 *On Consolidated Basis
For FY 25, average revenue per store stands at around Rs. 1,451.60 million, while net profit per store reached Rs. 41.18 million, demonstrating strong efficiency and profitability at the store level.
• Retail segment is 81.5% of our total sales, continues to lead the way, achieving an impressive Revenue growth of 50.1% an EBITDA margin of 7.9% and a PAT margin of 4.2%.
• The company’s E‐commerce segment experienced exceptional growth, with revenue increasing to Rs. 906.80 million, a 243.7% rise.
• Franchise revenue also grew to Rs. 1,852.21 million, with an 37.2% increase for Q4 FY25.
• Strong Same-Store Sales Growth (SSSG) of 26.5% continues to drive sustained growth, underlining the successful performance of our existing showrooms for FY25.
Operational Financial Highlights
• Sustained Demand Momentum Amid High Prices: our transaction volumes surged by 40.3% year-on-year, demonstrating resilient demand and growing customer engagement, even amid record-high gold prices. The average transaction value remained robust at ₹ 77K
• Customer Footfall and Conversion Rate: A 37.8% increase in foot falls, coupled with a strong Conversion rate of 92.3%, 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 Gudi Padwa sales growing by 40.4% YoY.
• Stud Ratio: A 30.8% YoY rise in studded portion, taking the stud ratio to ~8%.

Commenting on the performance, Dr. Saurabh Gadgil, Chairman & Managing Director, P N Gadgil Jewellers Limited, said, “Our Q4 and full-year FY25 performance reflects the strength of our brand, the trust of our customers, and our relentless focus on execution across formats. We have delivered strong growth across all key segments: retail, e-commerce, and franchise driven by our differentiated customer experience, focused expansion, and digital-first approach. We successfully achieved our target store count of 53 by the end of FY25, reinforcing our commitment to strategic growth and deeper market penetration. Despite elevated gold prices during the quarter, we witnessed resilient consumer sentiment and robust demand, underscoring the strength of our brand proposition. With a solid foundation in place, we are well-positioned to build on this momentum and continue creating long-term value for all our stakeholders.
BrandBuzz
Verlas Introduces the ‘Alyssa’ Collection in India, Bringing Modern Luxe Floral-Inspired Design to Lab-Grown Diamond Jewelry Crafted in Fine Gold
The New York-born brand channels statement floral designs in modern silhouettes and larger carat diamond brilliance into a collection made for weddings, engagements, cocktail evenings, and wedding Trousseau Picks.
Verlas, the New York-based fine jewelry brand, has brought its luxurious Alyssa collection to India, a floral-inspired range of contemporary designs crafted with IGI-Certified lab-grown diamonds and BIS hallmarked gold in 14K and 9K Gold variants. Built around larger carat weights and romantic floral design, the collection pairs statement sparkle with Verlas’ commitment to sustainability and craftsmanship. Since its founding in 2019, Verlas has focused on modern, considered jewelry designed to feel personal and meaningful, handcrafted by skilled artisans in VS clarity lab-grown diamonds set in fine gold.
Inspired by blooming florals, the Alyssa collection translates nature’s motifs into refined diamond jewelry designed for everyday moments in the form of elegant pendant necklaces and Studs designed with florets of round-cut and marquise-cut diamonds, and then there are these luxe styles that call for something more. For bigger celebrations to evening dressing, these luxe designs are crafted with marquise and round-cut diamonds in hoops and dangler earrings, unique tennis bracelets and tennis necklace designs that embrace the designer craftsmanship of Verlas. The Alyssa collection brings signature brilliance to a range of personal styles.
For the modern bride, Alyssa brings together jewelry for every part of her journey—from the engagement and big day to her trousseau, bridesmaids and the little moments beyond. Fashion-forward yet effortlessly elegant, each design is crafted to make a statement today and stay in her rotation long after the celebrations are over.

Among the highlights are the Alyssa Cuatro Floral Hoops, featuring five round lab-grown diamonds arranged in a delicate floret on a solid gold hoop. For a softer, more elegant look, these round-cut diamonds bring a classic appeal – perfect for those who prefer understated sparkle.

If bold and distinctive is more your style, the Alyssa Tres Marquise Diamond Huggies bring an elongated floral silhouette with marquise-cut diamond petals.

The Alyssa Radiant Bloom Ring offers another take on the floral motif, bringing together round-cut diamonds for a radiant, feminine look.

Meanwhile, the Alyssa Trio Marquise Bouquet Ring takes a bolder approach, featuring three diamond florets crafted with marquise diamond petals. Whether you lean towards the elegant simplicity of round cuts or the bolder character of marquise cuts, the Alyssa collection offers a floral style to match.

The Alyssa Marquise Studs bring a fresh take on florals, with marquise-cut diamonds forming an X-shaped motif around a round centre. Easy enough for everyday, yet special enough for evenings out, they’re the kind of pair you’ll keep reaching for.

For a little more sparkle, the Alyssa Marquise-Cut Floral Tennis Bracelet makes a statement without feeling reserved for just one occasion. Its floral diamond motifs bring a touch of drama to wedding celebrations, festive evenings and everything in between.

And when you’re ready to go all out, the Alyssa Marquise Radiant Tennis Necklace takes the floral story up a notch. With twenty-three diamond florets and a total weight of 13 carats, it brings together marquise-cut petals and round diamond centres for a look made to shine at the wedding, reception, or your next big celebration.
Available in white, yellow, and rose gold in 14K and 9K, the Alyssa collection reflects Verlas philosophy of creating jewelry that is beautiful, meaningful, and responsibly crafted. Perfect for elevating bridal looks and everyday romance alike.
With its growing presence in India, Verlas continues to bring its modern design and craftsmanship approach to fine jewelry to new audiences, combining considered design, conscious choice, and a more approachable jewelry experience.
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