ALPHA TRIBE

D. P. Abhushan LimitedUpdates, 08-02-2025: Press Release

08-02-2025 | 12:06 pm

D.P. Abhushan Limited reported robust growth in Q3FY25, with revenue reaching ₹1,085 crores, a 42% increase from ₹766 crores in Q3FY24, driven by strong demand during the festive and wedding seasons. EBITDA surged significantly to ₹56 crores, reflecting a 92% YoY increase, while net profit soared 123% YoY to ₹37 crores. The company successfully inaugurated a new showroom in Neemuch, raising its total to ten locations. In line with its expansion strategy, D.P. Abhushan plans to raise ₹600 crores through equity and convertible instruments to further enhance its retail footprint. The impressive financial performance, amidst economic uncertainty, highlights the enduring resilience of the jewellery sector, positioning the company for long-term growth. Investors should keep an eye on its expansion initiatives and evolving market dynamics.

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