PNGS Gargi Fashion Jewellery Ltd Q4 net profit rises 73 percent to Rs 2 crore

PNGS Gargi Fashion Jewellery Ltd witnessed a 73 percent increase in net profit to Rs 2.3 crore ($2,39,898) for the fourth quarter ended March 31, as against Rs 1.3 crore reported in the year-ago period.

The company’s revenue for the quarter rose by 114 percent to Rs 15 crore, as against Rs 7 crore reported in the corresponding period of the previous fiscal year.

For the full financial year 2024, the company reported a net profit of Rs 8 crore while its revenue stood at Rs 50 crore.

PNGS Gargi Fashion Jewellery Limited listed on the Bombay Stock Exchange’s small and medium enterprise platform in December 2022.

The company closed the financial year 2024 with 30 franchise stores, 20 shop-in-shops, and 5 exclusive brand stores.