ALPHA TRIBE

P N Gadgil Jewellers LimitedBoard Meeting, 12-11-2024: Outcome of Board Meeting

12-11-2024 | 04:22 pm

The Board of Directors of P N Gadgil Jewellers Limited has approved the unaudited financial results for the quarter and half-year ended September 30, 2024. Key highlights include total income of ₹36,567.35 crore, with a profit before tax of ₹935.37 crore. The company reported a net profit of ₹702.40 crore, demonstrating a significant increase compared to the same quarter last year. The results reflect the growth strategy post-IPO, which raised ₹8,500 crore, primarily aimed at opening new stores and reducing debt. The meeting concluded harmoniously, reinforcing the company's positive operational outlook.

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