Q1 Results: This Jewellery firm reports 60% YoY growth in net profit

DP Abhushan Limited, which has been in this industry for 84 years has announced its financial results for the first quarter (Q1FY25) ended 30th June 2024. According to an exchange filing, the net profit of the firm jumped by 60 per cent YoY to Rs 25 crore in the quarter under review from Rs 16 crore in the same quarter last year.

Q1FY25 Highlights

• Total revenue was 505 crore for Q1FY25 compared to 471 crore in Q1FY24. an increase of 7 per cent

• Total expenditure for Q1FY25 was 466 crores, up 5 per cent year-on-year from 446 crores in Q1FY24.

• EBITDA stood at 38 crore for Q1FY25 compared to 25 crore in Q1FY24, an increase of 52 per cent

• EBITDA margin expanded to 8 per cent double than previous quarter Q4 FY24

• PAT stood at 25 crore for Q1FY25 compared to 16 crore in Q1FY24, marking a robust growth of 60 per cent

• PAT Margin for Q1FY25 was 5 per cent, an increase of 165 basis points year-on-year from 3 per cent in Q1FY24.