Senco Gold Ltd's Q3FY25 Quarterly Results

Result Summary

• Senco Gold Ltd reported a 39.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 27.3%.
• Its expenses for the quarter were up by 38.1% QoQ and 36.6% YoY.
• The net profit increased 176.2% QoQ and decreased 69.4% YoY.
• The earnings per share (EPS) of Senco Gold Ltd stood at 2.1 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Senco Gold Ltd is a prominent player in the jewelry retail industry, primarily dealing in gold, diamond, and other precious metal ornaments. The company's product offerings include a wide range of jewelry items such as necklaces, earrings, bangles, rings, and other ornamental pieces. It operates in a competitive market, serving a diverse customer base that values quality and craftsmanship. As of the latest data, there are no specific recent major developments provided for Senco Gold Ltd. The company continues to leverage its market position in the jewelry sector.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Senco Gold Ltd reported a total income of ₹2115.23 crores, marking a significant increase of 39.6% from the previous quarter (Q2FY25), where total income stood at ₹1515.40 crores. Year-over-year (YoY), the revenue saw a growth of 27.3% compared to ₹1661.11 crores reported in the third quarter of the previous fiscal year (Q3FY24). The increase in total income suggests a robust performance in sales and revenue generation for the quarter under review.

Profitability

The company's profit before tax (PBT) for Q3FY25 was ₹45.62 crores, reflecting a substantial quarter-over-quarter (QoQ) increase of 178.7% from ₹16.37 crores in Q2FY25. However, on a year-over-year basis, there was a decrease of 68.7% from ₹145.90 crores in Q3FY24. The tax expenses for Q3FY25 were ₹12.14 crores, which represents a 185.6% increase QoQ and a 66.8% decrease YoY. Consequently, the profit after tax (PAT) for Q3FY25 was ₹33.48 crores, which is a 176.2% increase QoQ from ₹12.12 crores but a 69.4% decline YoY from ₹109.32 crores. Earnings per share (EPS) for this quarter were ₹2.10, up 31.3% QoQ from ₹1.60 but down 85.6% YoY from ₹14.60.

Operating Metrics

The total expenses for Senco Gold Ltd in Q3FY25 were ₹2069.61 crores, showing an increase of 38.1% from the preceding quarter's expenses of ₹1499.03 crores. When compared to the same quarter in the previous fiscal year (Q3FY24), total expenses increased by 36.6% from ₹1515.21 crores. The increase in expenses is in line with the rise in total income, but the margin of increase in expenses is slightly less than the revenue growth on a QoQ basis. The overall financial performance metrics suggest that while there has been growth in income and profit from the last quarter, the year-over-year comparison indicates a different trend in profitability.