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senco gold q4 results: Senco Gold Q4 Results: PAT rises 24% YoY to Rs 32 crore; revenue jumps 40%

Senco Gold, a listed jewellery company, experienced a significant boost in its net profit during the fourth quarter of FY24, thanks to the surge in gold prices. The net profit increased by 23.6%, reaching Rs 32.17 crore compared to Rs 26.03 crore in the fourth quarter of FY23.

Senco Gold Q4FY24 PAT grows 23.6% YoY to Rs. 32.17 cr; revenue grows 39.7% | Indiablooms - First Portal on Digital News Management

Senco Gold consolidated Q3 profit after tax up 5.8 per cent at Rs 109.32 crore

Senco Gold share price jumps 7% after Q3 results; up over 152% from IPO price

Shares of Senco Gold jumped 7 percent in intra-day deals on Wednesday, snapping 3 sessions of losses after the firm posted decent results for the quarter ending December 2023 (Q3FY24).

Senco Gold consolidated Q3 profit after tax up 5.8% at Rs 109.32 crore

Jewellery retailer Senco Gold has reported a 5.8 per cent growth in consolidated profit after tax at Rs 109.32 crore for the quarter ended December 31

Senco Gold Q3 Results: Consolidated PAT rises 6% YoY to Rs 109 crore

Jewellery retailer Senco Gold has reported a 5.8 per cent growth in consolidated profit after tax at Rs 109.32 crore for the quarter ended December 31, 2023. The company s profit after tax (PAT) stood at Rs 103.35 crore during the corresponding quarter of the previous fiscal, the jewellery retailer said in a regulatory filing on Tuesday.

Senco Gold consolidated Q3 profit after tax up 5.8 pc at Rs 109.32 cr

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Senco Gold consolidated Q3 profit after tax up 5.8 pc at Rs 109.32 cr, ET Retail

Senco Gold: The company s revenue from operations grew by 23.3 per cent during the quarter under review at Rs 1,652.20 crore, compared to Rs 1,339.63 crore in the same period of the previous year.

Wedding season fails to add shine to gold demand

Some jewellers said they are now pushing studded jewellery where the margins are up to 3x higher than plain gold jewellery.

Indian weddings: Ditching gold as old, Indian grooms tie the knot with platinum

Young urban grooms in India are increasingly opting for platinum jewellery, such as chains, bracelets, and earrings, as an alternative to gold amid rising gold prices. Platinum is currently trading around ₹25,000 per 10 grams, compared to gold prices exceeding ₹61,000 per 10 grams. The trend is providing some relief to the bride s family, which traditionally gifts jewellery to the groom during weddings.