Earnings Call Transcript Analysis Report #
Financial Performance #
Key Financial Metrics & Comparisons #
- The company reported a “very good quarter… across the board” for Q3 FY25.
Jewellery Division #
- Overall growth was strong, though “the rate at which gold is growing, is kind of exceeding significantly the rate at which studded is going.” (Ajoy Chawla).
- Absolute Gross Contribution (GC) and EBIT in crores showed strong growth, which management is “very happy with.”
- Gold coin sales were particularly high in Q3, “even further” than typical festive quarters.
Margins #
- Jewellery EBIT margin guidance for standalone business is “between 11% to 11.5%” on an annualized basis.