DP Abhushan Limited Reports Robust Q1FY25 Results with 60% PAT Growth and Strategic Expansion Plans

On July 18, 2024, DP Abhushan Limited, a renowned jewellery company with an 84-year legacy known for its purity, design standards, transparency, and wide product range, announced its financial results for the first quarter of FY25, ending June 30, 2024. The company operates in eight locations across India.

Financial Highlights

Q1FY25 Highlights

For the first quarter of FY25, DP Abhushan Limited reported total revenue of ₹505 crore, up 7% from ₹471 crore in Q1FY24. EBITDA increased significantly by 52% to ₹38 crore, compared to ₹25 crore in the same quarter last year, with the EBITDA margin expanding to 8%, double that of the previous quarter (Q4 FY24). The company’s profit after tax (PAT) also saw robust growth, rising 60% to ₹25 crore, compared to ₹16 crore in Q1FY24.

Mr Santosh Kataria, Managing Director, said, “We are delighted to report an outstanding performance for the quarter, highlighted by healthy revenue growth of 7% and an impressive profit increase of 60%. The Bhopal store has emerged as a pivotal revenue driver, achieving an exceptional 18% YoY growth. Ujjain and Indore also contributed significantly, with growth rates of 17% and 12%, respectively.60% to ₹25 crore, compared to ₹16 crore in Q1FY24. As part of our strategic expansion, we are on track to open 3 new showrooms in FY25, with ongoing construction in Ratlam, Ajmer, and Neemuch.”

About D.P. Abhushan Limited

D.P. Abhushan Limited, known for trust and quality in the jewellery sector since 1940 under the brand “D.P. Jewellers,” carries an 84-year legacy in Central India. Listed in 2017 and managed by the founding family’s fourth generation, the company is committed to purity and transparency, making it one of the most trusted jewellery brands.

On July 19, 2024, D P Abhushan Ltd’s share price opened at ₹1,399.95, touching the day’s low of ₹1,349.95 as of 02:17 PM on the NSE.

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