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P N Gadgil Jewellers Ltd reported a 13% year-on-year rise in net profit for the fourth quarter ended March 31, posting ₹62 crore, up from ₹55 crore in the same period last year. The company also recorded a 5% increase in revenue for the quarter, reaching ₹1,588 crore compared to ₹1,512 crore in the corresponding period of the previous fiscal.
For the full financial year FY25, the Pune-based jewellery brand reported a net profit of ₹218 crore on total revenue of ₹7,693 crore.
Chairman and Managing Director Dr. Saurabh Gadgil attributed the company’s solid performance to brand strength, customer trust, and execution across formats. “Our Q4 and full-year FY25 performance reflects the strength of our brand, the trust of our customers, and our relentless focus on execution,” he said in a statement. He noted that the company achieved strong growth across retail, e-commerce, and franchise channels, driven by an enhanced customer experience and a digital-first strategy.
Despite elevated gold prices during the quarter, consumer demand remained strong. “We successfully achieved our target store count of 53 by the end of FY25, reinforcing our commitment to strategic growth and deeper market penetration,” Dr. Gadgil added.
P N Gadgil Jewellers now operates 53 stores—52 across Maharashtra and Goa, and one international outlet in the United States.
