PNGS Gargi Fashion Jewellery Ltd — Results, 09-05-2025: Result

PNGS Gargi Fashion Jewellery Limited has announced a board meeting on which it approved the audited financial results for the quarter and half-year ended March 31, 2025. The company reported a strong profit before tax of ₹38.70 Cr for the year, up from ₹11.35 Cr the previous year, with a net profit after tax of ₹28.81 Cr. The financials reflect a shift in the business model for its Shop in Shop locations from Franchisee Operated-Company Owned (FOCO) to Franchisee Owned-Franchisee Operated (FOFO), affecting comparability with previous periods. The company also plans to raise up to ₹15 Cr via equity shares or other eligible securities through various permissible methods, subject to approvals. There are currently 31 franchisee stores, 51 SIS, and 14 exclusive brand stores under its network. The auditors have issued an unmodified opinion on the results.