Close Menu
PNN DigitalPNN Digital
    Facebook X (Twitter) Instagram
    PNN DigitalPNN Digital
    • Business
    • National
    • Entertainment
    • Lifestyle
    • Education
    • Press Release
    • Submit Your PR
    PNN DigitalPNN Digital
    Home - Business - Motisons Jewellers Limited Q4FY24 Net Profit Up By 258 Percent and Net Profit Margin UP by 590 BPS
    Business

    Motisons Jewellers Limited Q4FY24 Net Profit Up By 258 Percent and Net Profit Margin UP by 590 BPS

    PNN Online DeskBy PNN Online DeskMay 30, 2024Updated:May 30, 2024No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Jaipur (Rajasthan) [India], May 30:  Motisons Jewellers Limited (MOTISONS, BSE & NSE: INE0FRK01012), is one of the leading Jewellery retailer has reported its Audited financials for Q4 and FY24.

    Key Financial Highlights

    Q4FY24

    Particulars (₹ Cr)Q4FY24Q4FY23YoY Change
    Total Revenues117.0090.6729.03%
    EBITDA17.979.3093.32%
    EBITDA (%)15.36%10.25%511 BPS
    Net Profit10.772.97257.88%
    NPM (%)9.22%3.32%590 BPS
    EPS (₹)1.100.46139.13%

    FY24

    Particulars (₹ Cr)FY24FY23YoY Change
    Total Revenues417.18366.81 13.73%
    EBITDA63.7549.6028.53%
    EBITDA (%)15.28%13.52%176 BPS
    Net Profit32.2022.1945.21%
    NPM (%)7.73%6.05%167 BPS
    EPS (₹)4.303.4225.73%

    Key Highlights For FY24:

    During the fiscal year 2024, we recorded robust financial results, marked by a significant reduction in long term debt to ₹ 0.91 Cr from ₹ 12.89 Cr last year and short-term debt to ₹ 107.94 Cr from ₹151.65 Cr last year.

    The company got listed on NSE and BSE in month of December 2023 with an IPO of ₹ 151 Cr.

    Commenting on the performance Mr. Sandeep Chhabra, Chairman/Whole Time Director of Motisons Jewellers Limited said, “We are pleased to report a commendable growth trajectory for FY24 backed by strong demand for our products. Additionally, our strategies and stringent cost control measures resulted in impressive growth in profitability margin expanding our bottom line by 258% for Q4 FY24.”

    These strategic initiatives underpin our commitment to sustaining our growth momentum and expanding our market presence, ensuring long-term value creation for our stakeholders.”

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    PNN Online Desk
    • Website

    Related Posts

    National Conference on ‘Unity for Growth – A Collective March Towards Viksit Bharat’

    July 5, 2025

    Mrs. India One in a Million 2025 – Season 5 Winner Dr. Shruti Niraj Sawalakhe Crowned as 1st Runner-Up in (Classic Category)

    July 5, 2025

    Mrs. India One in a Million 2025: Deep Shikha Chaudhry Crowned Classic 2nd Runner-Up & Wins Most Beautiful Smile

    July 5, 2025
    Add A Comment

    Comments are closed.

    Recent Posts
    • National Conference on ‘Unity for Growth – A Collective March Towards Viksit Bharat’
    • Mrs. India One in a Million 2025 – Season 5 Winner Dr. Shruti Niraj Sawalakhe Crowned as 1st Runner-Up in (Classic Category)
    • Mrs. India One in a Million 2025: Deep Shikha Chaudhry Crowned Classic 2nd Runner-Up & Wins Most Beautiful Smile
    • Pandit Rahul Shastri: The Guiding Light of Modern Astrology with a Legacy of Trust
    • Jagrit Gandotra Promoted as Chief Business Officer of Aion-Tech Solutions – The Rise of a Modern Sales Technology Leader

    National Conference on ‘Unity for Growth – A Collective March Towards Viksit Bharat’

    July 5, 2025

    Mrs. India One in a Million 2025 – Season 5 Winner Dr. Shruti Niraj Sawalakhe Crowned as 1st Runner-Up in (Classic Category)

    July 5, 2025

    Mrs. India One in a Million 2025: Deep Shikha Chaudhry Crowned Classic 2nd Runner-Up & Wins Most Beautiful Smile

    July 5, 2025

    Pandit Rahul Shastri: The Guiding Light of Modern Astrology with a Legacy of Trust

    July 5, 2025

    Jagrit Gandotra Promoted as Chief Business Officer of Aion-Tech Solutions – The Rise of a Modern Sales Technology Leader

    July 5, 2025

    Stratum Real Estate Advisory partners with Shapoorji Pallonji Real Estate to drive sales & marketing for BKC 9

    July 5, 2025
    PNN Digital
    2025 © pnn.digital

    Type above and press Enter to search. Press Esc to cancel.