P N Gadgil Jewellers Share Price Surge 10% Following Strong Q3 FY25 Results

On February 14, 2025, P N Gadgil Jewellers share price locked in a 10% upper circuit on the BSE at ₹621.05 after the company reported impressive Q3 FY25 results. The stock’s demand spiked following the announcement.

Stock Performance 

At 11:17 AM, P N Gadgil’s share price was up 10% at ₹621.05, while the BSE Sensex increased by 0.51%, reaching 76,559.68. The company’s market capitalisation stood at ₹8,428.17 crore. The stock’s 52-week high was ₹843.8, while the 52-week low was ₹495.25.

Strong Financial Performance in Q3 FY25

P N Gadgil reported a 49% increase in consolidated profit, reaching ₹86.03 crore compared to ₹57.6 crore in the same quarter last year. The company’s revenue grew by 23.5%, amounting to ₹2,435.75 crore, up from ₹1,972.15 crore in Q3 FY24.

Retail, E-Commerce, and Franchise Growth

The retail segment led sales, contributing 77% of the total revenue. The company’s e-commerce segment saw exceptional growth, with a 97.9% increase in revenue to ₹70.5 crore. Franchise revenue also grew by 86.6%, reaching ₹226.4 crore in Q3 FY25. Additionally, the company reported a 25.7% Same-Store Sales Growth (SSSG), showing strong performance from existing stores.

Festive Season Boosts Sales

The festive season had a significant impact, with Navratri sales up by 18% and Diwali sales increasing by over 52.7%. These sales contributed greatly to the company’s growth during the quarter.

Expansion Plans and Future Outlook

Saurabh Gadgil, Chairman & Managing Director of P N Gadgil Jewellers, highlighted the company’s record-high monthly revenue, robust growth in all segments, and expanding customer engagement. The company successfully launched nine showrooms during Navratri, taking the total to 48 stores, with plans to reach 53 by Q4 FY25.

Company Overview

Founded in 1832, P N Gadgil Jewellers is one of Maharashtra’s largest organised jewellery brands, with a strong presence in the region. The company offers a wide range of gold, silver, platinum, and diamond jewellery designed for weddings, engagements, festivals, and daily wear. It currently operates 48 retail stores, including 47 in Maharashtra and Goa and one in the US.

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