Senco Gold Q1 Results 2024 Revenue at ₹11,501.25 Million with a Net Profit of ₹321.73 Million

Senco Gold and Diamonds recently released their financial results for the first quarter of the 2024-2025 fiscal year. The company's revenue from operations for this period was ₹11,372.84 million, a significant increase compared to the same quarter last year.

This growth reflects a strong performance in their jewelry business, with overall income reaching ₹11,501.25 million after accounting for other sources of income. Despite the positive revenue growth, Senco Gold faced higher expenses, including costs of materials and employee benefits, leading to a profit before tax of ₹523.79 million.

The company's tax expenses for the quarter totaled ₹202.06 million, including current tax and deferred tax credits. After these deductions, the net profit for the quarter stood at ₹321.73 million.

The results also showed a modest increase in other comprehensive income, which includes adjustments for defined benefit plans and valuation gains on equity instruments. Overall, Senco Gold's Q1 performance indicates a solid start to the fiscal year, with continued growth in their financial metrics.

Senco Gold Q1 Results 2024 - 2025

Here are the key financial figures for Senco Gold and Diamonds for the first quarter of the financial year:

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Senco Gold Current Market Overview

Senco Gold is currently trading at ₹1,036 per share, with a market capitalization of ₹8,040 crore. The stock has seen a high of ₹1,177 and a low of ₹380, reflecting its volatility. With a price-to-earnings (P/E) ratio of 42.6, the company's stock is valued higher compared to its earnings.

The company has a return on capital employed (ROCE) of 13.4% and a return on equity (ROE) of 16.2%, indicating decent profitability. However, the dividend yield is relatively low at 0.10%, showing that the company returns a small portion of its profits to shareholders as dividends.

Quarterly Results

Here is the table of Senco Gold's quarterly results for the periods of September 2023, December 2023, and March 2024:

About Senco Gold

Senco Gold is a well-known jewelry company in India with a rich history spanning over 80 years. Originally established as Senco Gold Private Limited in 1994 in Kolkata, the company later became a public limited company in 2007, now known as Senco Gold Limited.

The company is recognized for its exquisite gold and diamond jewelry, offering a wide range of designs that blend traditional craftsmanship with modern trends. With a strong presence across India, Senco Gold has built a reputation for quality and trust, making it a preferred choice for customers looking for fine jewelry.