PNGS Gargi Fashion Jewellery Reports Decline in Sales and Profitability for May 2025
PNGS Gargi Fashion Jewellery has announced its financial results for the quarter ending March 2025, revealing net sales of Rs 22.69 crore, alongside a profit before tax of Rs 4.44 crore and a profit after tax of Rs 4.11 crore, indicating notable changes in its financial performance.
PNGS Gargi Fashion Jewellery, a small-cap player in the diamond and gold jewellery industry, has released its financial results for the quarter ending March 2025. The results, declared on May 9, 2025, indicate a notable shift in the company's financial landscape.The company's net sales for the quarter stood at Rs 22.69 crore, reflecting a significant change compared to the average net sales of Rs 29.76 crore over the previous four quarters. This trend suggests challenges in maintaining sales momentum. Additionally, the profit before tax (PBT) was reported at Rs 4.44 crore, which also shows a marked change from the average PBT of Rs 8.78 crore in the prior quarters. Similarly, the profit after tax (PAT) for the quarter was Rs 4.11 crore, indicating a shift from the average PAT of Rs 6.76 crore.
These financial results have led to an adjustment in evaluation for PNGS Gargi Fashion Jewellery, with the score reflecting a change from 25 to 7 over the last three months.
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