Motisons Jewellers (MOTISONS) Q2 24/25 earnings summary

Executive summary

• Unaudited financial results for the quarter and half year ended 30th September 2024 were approved by the Board on 29th October 2024.

• Statutory auditors conducted a limited review and found no material misstatements in the financial statements.

Financial highlights

• Revenue from operations for Q2 FY25 was ₹10,934.44 lakhs, up from ₹9,014.45 lakhs in Q2 FY24.

• Net profit after tax for Q2 FY25 stood at ₹1,039.55 lakhs, compared to ₹518.28 lakhs in Q2 FY24.

• Earnings per share (EPS) for Q2 FY25 was ₹1.06, up from ₹0.80 in Q2 FY24.

• For the half year ended 30th September 2024, total income was ₹19,860.58 lakhs and net profit after tax was ₹1,672.75 lakhs.

Outlook and guidance

• The company is in the process of raising ₹170 crore through the issue of 1 crore convertible warrants at ₹170 per warrant to non-promoter public investors.

• Proceeds from the IPO have been largely utilized as planned, with remaining funds allocated for future growth and general corporate purposes.