PNG Jewellers Q4 revenue triples to ₹3,544 cr, but EBITDA margin contracts 217 bps
P N Gadgil Jewellers posted 123% YoY revenue growth and 46% PAT growth in Q4, with SSSG of 86% and store count rising to 78 across new geographies including MP, UP and Bihar. However, EBITDA margin compressed sharply to 4.7%, signalling pressure from gold price volatility and aggressive expansion costs.
PNG Jewellers Q4 revenue jumped 123% to ₹3,544 cr and PAT rose 46% to ₹90 cr, but EBITDA margin contracted 217 bps. Store count reached 78 with entries into MP, UP, Bihar; SSSG hit 86%.