{"id":180287,"date":"2026-02-10T07:37:17","date_gmt":"2026-02-10T12:37:17","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=180287"},"modified":"2026-02-10T07:37:17","modified_gmt":"2026-02-10T12:37:17","slug":"p-n-gadgil-jewellers-reports-98-6-profit-surge-in-third-quarter-on-festive-demand","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/p-n-gadgil-jewellers-reports-98-6-profit-surge-in-third-quarter-on-festive-demand\/","title":{"rendered":"P N Gadgil Jewellers Reports 98.6% Profit Surge in Third Quarter on Festive Demand"},"content":{"rendered":"\n<p><em>The company achieved consolidated revenue of \u20b933,026 million for the quarter ended December 2025 as EBITDA margins expanded to 8.2%. Nine-month net profit grew 104.5% year-on-year, supported by strong retail segment performance and physical store expansion.<\/em><\/p>\n\n\n\n<p>P N Gadgil Jewellers Limited (NSE: PNGJL) reported a significant increase in profitability for the third quarter of fiscal year 2026, with profit after tax rising to \u20b91,709.1 million from \u20b9860.4 million in the prior-year period. The results were driven by a 33.0% same-store sales growth rate and robust consumer activity during the festive season.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Festive Sales Boost Period Revenue Results<\/strong><\/h2>\n\n\n\n<p>The company\u2019s unaudited financial results for the period ended December 31, 2025, highlight a substantial scale-up in operations, with revenue from operations for the first nine months reaching \u20b971,947.9 million. Growth was supported by record-breaking single-day sales during Dussehra of \u20b91,900 million and Diwali season sales totaling \u20b96,060 million.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Retail Segment Drives Major Revenue Gains<\/strong><\/h2>\n\n\n\n<p>Consolidated revenue for Q3 FY26 rose 35.6% year-on-year to \u20b933,026.1 million. Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 109.4% to \u20b92,717.1 million, representing a margin of 8.2%, up from 5.3% a year earlier. For the nine-month period, EBITDA climbed 105.3% to \u20b95,376.9 million. The retail segment remains the primary revenue contributor, representing 83.2% of total sales and achieving a 46.2% revenue increase over the nine-month period. Average revenue per store for the first nine months stood at approximately \u20b91,090.1 million.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Strategic Focus on LiteStyle Sub-Brand Growth<\/strong><\/h2>\n\n\n\n<p>Management continues to execute a retail expansion strategy, adding three company-owned stores in Moshi, Patna, and Viman Nagar during the quarter. This brings the total retail footprint to 66 stores across India and the United States. Strategic priorities include driving same-store sales growth and maintaining efficient inventory turns. The company is also focusing on its LiteStyle sub-brand to capture rising demand in the lightweight jewellery category.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Diamond Demand Boosts Jewelry Transaction Values<\/strong> <\/h2>\n\n\n\n<p>The performance occurred despite volatility in global gold prices during the quarter. Demand within the Indian jewellery sector remained broad-based, specifically across gold and studded categories. P N Gadgil reported a 33% increase in customer footfall and a 94% conversion rate at the store level. The company also noted a 35% increase in transaction counts, bringing the average transaction value to \u20b9103,100. This trend reflects a shifting consumer preference toward branded retail and high-margin products like diamonds, which saw a 50% volume increase year-on-year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company achieved consolidated revenue of \u20b933,026 million for the quarter ended December 2025 as EBITDA margins expanded to 8.2%. Nine-month net profit grew 104.5% year-on-year, supported by strong retail segment performance and physical store expansion. P N Gadgil Jewellers Limited (NSE: PNGJL) reported a significant increase in profitability for the third quarter of fiscal [&hellip;]<\/p>\n","protected":false},"author":2380,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,1941,6351],"tags":[8818,9414],"class_list":["post-180287","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-stock-analysis","category-consumer-stocks","tag-consumer-cyclical","tag-luxury-goods"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":180852,"url":"https:\/\/alphastreet.com\/india\/p-n-gadgil-jewellers-ltd-pngjl-q3-2026-earnings-call-transcript\/","url_meta":{"origin":180287,"position":0},"title":"P N Gadgil Jewellers Ltd (PNGJL) Q3 2026 Earnings Call Transcript","author":"News desk","date":"February 15, 2026","format":false,"excerpt":"P N Gadgil Jewellers Ltd (NSE: PNGJL) Q3 2026 Earnings Call dated Feb. 10, 2026 Corporate Participants: Saurabh Vidyadhar Gadgil \u2014 Chairman and Managing Director Analysts: Rajiv Bharati \u2014 Analyst Unidentified Participant Gunit Singh Narang \u2014 Analyst Dinesh Kulkarni \u2014 Analyst Presentation: Operator Ladies and gentlemen, you've been connected to\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":181077,"url":"https:\/\/alphastreet.com\/india\/rbz-jewellers-q3-earnings-surge-retail-revival-stuns\/","url_meta":{"origin":180287,"position":1},"title":"RBZ Jewellers Q3 Earnings Surge: Retail Revival Stuns","author":"Staff Correspondent","date":"February 16, 2026","format":false,"excerpt":"RBZ Jewellers (BSE: 544060, NSE: RBZJEWEL) is a leading organized manufacturer of gold jewellery in India. RBZ Jewellers Q3 FY26 earnings exceeded expectations with robust festive and wedding season demand. The company delivered improved performance across retail, wholesale, and job work segments. Official RBZ Jewellers Q3 FY26 Earnings Presentation Market\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":178070,"url":"https:\/\/alphastreet.com\/india\/vishal-mega-mart-reports-strong-q3-fy2026-financial-performance-on-back-of-festive-demand-and-strategic-expansion\/","url_meta":{"origin":180287,"position":2},"title":"Vishal Mega Mart Reports Strong Q3 FY2026 Financial Performance on Back of Festive Demand and Strategic Expansion","author":"Staff Correspondent","date":"January 28, 2026","format":false,"excerpt":"Vishal Mega Mart Ltd (NSE: VMM), one of India\u2019s prominent value retail chains, delivered a robust set of financial results for the third quarter of fiscal year 2026 (Q3 FY26), underpinned by a healthy uptick in consumer demand during the festive season and continued expansion of its retail footprint. The\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/vishal.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/vishal.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/vishal.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/vishal.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":174201,"url":"https:\/\/alphastreet.com\/india\/p-n-gadgil-jewellers-ltd-pngjl-q2-2025-earnings-call-transcript\/","url_meta":{"origin":180287,"position":3},"title":"P N Gadgil Jewellers Ltd (PNGJL) Q2 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"P N Gadgil Jewellers Ltd (NSE: PNGJL) Q2 2025 Earnings Call dated Nov. 13, 2024 Corporate Participants: Saurabh Gadgil \u2014 Chairman and Managing Director Kiran Firodiya \u2014 Executive Director and Chief Financial Officer Analysts: Naveen Trivedi \u2014 Analyst Unidentified Participant Pranav Shrimal \u2014 Analyst Deepak Lalwani \u2014 Analyst Bala Muralikrishnan\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":174200,"url":"https:\/\/alphastreet.com\/india\/p-n-gadgil-jewellers-ltd-pngjl-q3-2025-earnings-call-transcript\/","url_meta":{"origin":180287,"position":4},"title":"P N Gadgil Jewellers Ltd (PNGJL) Q3 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"P N Gadgil Jewellers Ltd (NSE: PNGJL) Q3 2025 Earnings Call dated Feb. 13, 2025 Corporate Participants: Saurabh V. Gadgil \u2014 Chairman and Managing Director Kiran Prakash Firodiya \u2014 Executive Director and Chief Financial Officer Unidentified Speaker Analysts: Naveen Trivedi \u2014 Analyst Tushar \u2014 Analyst Unidentified Participant Aniruddha Kekatpure \u2014\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":174198,"url":"https:\/\/alphastreet.com\/india\/p-n-gadgil-jewellers-ltd-pngjl-q1-2026-earnings-call-transcript\/","url_meta":{"origin":180287,"position":5},"title":"P N Gadgil Jewellers Ltd (PNGJL) Q1 2026 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"P N Gadgil Jewellers Ltd (NSE: PNGJL) Q1 2026 Earnings Call dated Aug. 13, 2025 Corporate Participants: Naveen Trivedi \u2014 Moderator Saurabh Gadgil \u2014 Managing Director and Chairman Kiran Prakash Firodiya \u2014 Chief Financial Officer Analysts: Bala Murali Krishna \u2014 Analyst Deepak Lalwani \u2014 Analyst Yash Sonthaliya \u2014 Analyst Gaurav\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/180287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2380"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=180287"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/180287\/revisions"}],"predecessor-version":[{"id":180288,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/180287\/revisions\/180288"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=180287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=180287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=180287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}