P N Gadgil Jewellers Reports Strong Q3 FY25 Performance with Revenue and Profit Growth

P N Gadgil Jewellers Ltd. has announced robust financial results for the third quarter of fiscal year 2025, ending December 31, 2024. The company reported a consolidated revenue from operations of ₹24.36 billion, marking a significant increase from the previous quarter's ₹20.02 billion. This growth can be attributed to strong festive demand during Dussehra and Diwali, as well as the wedding season.

The jewellery retailer also posted an impressive consolidated net profit of ₹860.4 million for the quarter, showcasing substantial growth compared to ₹323.9 million in the September quarter. This performance reflects the company's successful expansion strategy, including the opening of nine new stores during Navratri in October 2024.

P N Gadgil Jewellers' strong quarterly results underscore its position as a leading player in India's jewellery market, with the company continuing to capitalize on festive seasons and expanding its retail footprint.

Source: Moneycontrol, CNBC TV18