P N Gadgil Jewellers Q4 Results: Net profit jumps 45% to Rs.90 crore, revenue rises 123%; margins contract sharply
New Delhi, May 14 -- P N Gadgil Jewellers reported a mixed performance for the March quarter, with both the top line and bottom line posting strong growth, while margins contracted sharply on both a year-on-year (YoY) and quarter-on-quarter (QoQ) basis.
The company reported a 123.2% YoY jump in consolidated revenue to Rs.3,544.3 crore. EBITDA increased 52.5% YoY to Rs.166.3 crore, while EBITDA margins contracted sharply by 217 basis points to 4.7%. On the bottom line, net profit surged 45.6% YoY to Rs.90.3 crore.
During the quarter, the gold category recorded 120% growth in value and 27% growth in volume, while the silver category delivered 246% growth in value and 37% growth in volume.
The diamond category also posted 84% growth in va...
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