
Senco Gold Ltd has reported a robust 94% jump in its consolidated net profit for the fourth quarter of FY25, reaching ₹62.44 crore, up from ₹32.17 crore in the same quarter last year. The impressive performance was fueled by strong demand during the wedding and Valentine’s Day season, which boosted footfall and sales.
The jewellery retailer’s revenue from operations in Q4FY25 climbed 21% year-on-year to ₹1,377.71 crore, compared to ₹1,137.28 crore in the corresponding period of FY24. EBITDA for the quarter stood at ₹127.01 crore, marking a 45% rise from ₹87.73 crore a year earlier. EBITDA margin improved to 9.2% from 7.7%.
Over the full fiscal year, however, consolidated net profit dipped slightly to ₹159.31 crore from ₹181 crore in FY24, despite annual revenue rising to ₹6,328.07 crore from ₹5,241.44 crore.
Managing Director and CEO Suvankar Sen attributed the strong quarterly results to festive buying, particularly among younger consumers. "The season of weddings and Valentine’s Day drove a 38% surge in diamond jewellery sales and a 6% increase in invoices," Sen said. "Gen Z and millennials played a key role in celebrating the season of love."
In FY25, Senco Gold launched over 32,400 new gold and 25,000 new diamond jewellery designs and expanded its retail presence with 16 new showrooms, including six franchises.
Looking ahead, the company has started FY26 on a strong note, recording 18% value growth in the first quarter so far. It plans to open 18 to 20 new showrooms during the year, with six already operational. Despite global uncertainties affecting gold prices, Senco remains optimistic about its growth trajectory.
(Source: PTI)