PN Gadgil Jewellers Q2FY25 results: Net profit jumps 59% to Rs 34.91 cr

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PN Gadgil Jewellers Q2FY25 results: Net profit jumps 59% to Rs 34.91 cr - Business Standard

Quick Summary:

Recently listed Jewellery retailers PN Gadgil Jewellers on Tuesday reported 59.11 per cent growth in net profit to Rs 34.91 crore in the quarter ended September 2024.

Q2 FY25 surpassed expectations, establishing a solid foundation for growth, with demand levels exceeding those of the second quarter of FY24," PN Gadgil Jewellers Chairman and Managing Director Saurabh Gadgil said.

The company's net profit stood at Rs 21.94 crore during the corresponding period of the previous fiscal, PN Gadgil Jewellers said in a regulatory filing.