Are P N Gadgil Jewe. latest results good or bad?

P N Gadgil Jewellers has reported its financial results for the quarter ending June 2025, revealing a mixed performance. The company achieved a notable operating profit margin of 6.41%, which is the highest in five quarters, indicating improved operational efficiency. Profit Before Tax (PBT) for the quarter reached Rs 79.85 crore, reflecting a growth of 24.1% compared to the average PBT of the previous four quarters. Additionally, Profit After Tax (PAT) increased to Rs 69.34 crore, up 27.1% from the average PAT of the prior four quarters.
Conversely, the company experienced a decline in net sales, which fell to Rs 1,714.56 crore, a decrease of 10.9% compared to the average net sales of Rs 1,923.37 crore from the previous four quarters. This decline in sales contrasts with the improvements in profitability metrics.

Furthermore, the company saw an adjustment in its evaluation following these results. Overall, while P N Gadgil Jewellers demonstrated positive trends in profitability and operational efficiency, the decline in net sales presents a challenge that warrants attention.