Jewellery retailer P N Gadgil Jewellers on Wednesday reported an over twofold rise in consolidated net profit after tax to ₹79.31 crore compared to a year ago.
The company's profit after tax (PAT) stood at ₹34.92 crore during the corresponding period of the previous fiscal, P N Gadgil Jewellers said in a regulatory filing.
Revenue from operations of the company grew by 8.80% during the quarter under review to ₹2,177.62 crore, compared to ₹2,001.31 crore in the same period of the previous year.
31 October 2025
Get the latest issue of Outlook Business
"Our performance was supported by healthy growth across all segments, led primarily by the retail business. Our signature events, Mangalsutra Mahotsav and Paijan Mahotsav, received an exceptional customer response, while record-breaking Navratri sales of ₹428.1 crore provided a strong close to the quarter's performance," Saurabh Gadgil, Chairman & Managing Director of P N Gadgil Jewellers Limited, said.
During the quarter, the company also launched a flagship store in Dadar, Mumbai, further strengthening our presence in Maharashtra, and expanded beyond our home state, entering new markets in Uttar Pradesh and Madhya Pradesh.
"With Dussehra, Diwali, and the upcoming wedding season in the subsequent quarter, we remain optimistic about sustaining this growth momentum," he added.
Shares of the company closed at ₹670.60 apiece, up 0.96% on the BSE
