Gems & Jewellery company Khazanchi Jewellers announced H1FY25 results Total Income: Rs 756.53 crore compared to Rs 406.15 crore during H1FY24, change 86.27%. EBITDA: Rs 28.80 crore compared to Rs 20.75 crore during H1FY24, change 38.79%. PAT: Rs 20.05 crore compared to Rs 15.72 crore during H1FY24, change 27.54%, EPA: Rs 8.10 compared to Rs 6.35 during H1FY24, change 27.56%. Rajesh Kumar, Joint Managing Director, Khazanchi Jewellers, said: “We are pleased to report strong performance, with our topline demonstrating remarkable YoY growth, driven by robust demand and effective business strategies. Similarly, our bottom line has also experienced significant growth. The recent reduction in duties provides a valuable opportunity to enhance competitiveness, particularly by leveling the playing field with unorganized competitors. This shift is expected to drive growth in the organized jewellery sector, with the company poised for continued success, especially during the festive seasons. A key driver of our future growth will be the upcoming launch of our flagship showroom in Sowcarpet, Chennai, scheduled to open by April 2025. Spanning 10,000 square feet, the showroom will feature a wide range of Gold, silver, platinum and diamond jewellery, enhancing the customer experience and expanding our market presence. With the growth of our showroom network and enhanced operational capabilities, we expect a significant increase in consumer spending. Our commitment to high-quality jewellery and exceptional customer service will further strengthen customer loyalty and brand recognition, ensuring sustained growth in the evolving market.” Result PDF