D.P. Abhushan limited reports a remarkable growth of 60 Percent YoY in Net profit during Q1FY25
Madhya Pradesh (India), July 19: DP Abhushan Limited (NSE: DPABHUSHAN), a company marking golden legacy of 84 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 8 different geographics in India, announced its financial results for the first quarter (Q1FY25) ended 30th June 2024. [...]
Madhya Pradesh (India), July 19: DP Abhushan Limited (NSE: DPABHUSHAN), a company marking golden legacy of 84 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 8 different geographics in India, announced its financial results for the first quarter (Q1FY25) ended 30th June 2024.
Q1FY25 Highlights
- Total Revenue was ₹505 Cr. for Q1FY25 compared to ₹471 Cr. in Q1FY24. an increase of 7%
- Total Expenditure for Q1FY25 was ₹466 crores, up 5% year-on-year from ₹446 crores in Q1FY24.
- EBITDA stood at ₹38 Cr. for Q1FY25 compared to ₹25 Cr. in Q1FY24. a significant increase of 52%.
- EBITDA margin expanded to 8% double than previous quarter Q4 FY24
- PAT stood at ₹25 Cr. for Q1FY25 compared to ₹16 Cr. in Q1FY24, marking a robust growth of 60%
- PAT Margin for Q1FY25 was 5%, an increase of 165 basis points year-on-year from 3% in Q1FY24.
Mr. Santosh Kataria Managing Director said: “We are delighted to report an outstanding performance for the quarter, highlighted by healthy revenue growth of 7% and an impressive profit increase of 60%. The Bhopal store has emerged as a pivotal revenue driver, achieving an exceptional 18% YoY growth. Ujjain and Indore also contributed significantly, with growth rates of 17% and 12%, respectively.