P N Gadgil Jewellers (PNGJL) Q2 24/25 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2024, were approved on November 12, 2024.

• The company completed its IPO and listed on BSE and NSE on September 17, 2024, raising INR 8,500 million.

Financial highlights

• Standalone revenue from operations for Q2 FY25 was INR 20,015.34 million, up from INR 13,586.13 million in Q2 FY24.

• Standalone net profit for Q2 FY25 was INR 323.93 million, compared to INR 166.02 million in Q2 FY24.

• Consolidated revenue for Q2 FY25 was INR 20,013.10 million, with consolidated net profit at INR 349.19 million.

• For H1 FY25, consolidated revenue was INR 36,694.93 million and net profit was INR 702.40 million.

Outlook and guidance

• IPO proceeds are allocated for new store expansion, debt repayment, and general corporate purposes, supporting future growth.