Share price of Senco Gold Ltd. shot up in Friday's trade after the company reported robust financials for the quarter ended March, with net profit nearly doubling as compared to the year-ago period.
The consolidated net profit surged 94% to Rs 62 crore in the fourth quarter for fiscal 2025 from Rs 32 crore in the same quarter of the preceding fiscal.
The jewellery retailer's revenue grew 21% during the quarter under review at Rs 1,378 crore, compared to Rs 1,137 crore in the same period of the previous year.
Senco Gold had also shared other robust metrics for Q4, buoyed by strong wedding season demand. The company reported a 23% annual growth in retail operations and an 18.4% same-store sales growth.
This was achieved despite rising gold prices, leading to Senco Gold’s highest-ever final quarter revenue of over Rs 1,300 crore. Coin and bullion sales contributed to 4% of total sales, further reflecting consumers’ appetite for gold as a prudent investment choice.
Senco Gold Share Price Today
The scrip rose as much as 4.99% to Rs 399.70 apiece, the highest level since April 24 and hitting an upper circuit. It pared gains to trade 2.43% higher at Rs 289.95 apiece, as of 9:39 a.m. This compares to a 0.06% decline in the NSE Nifty 50 Index.
It has fallen 27% on a year-to-date basis, and 9.85% in the last 12 months. Total traded volume so far in the day stood at 7.1 times its 30-day average. The relative strength index was at 67.78.
Out of six analysts tracking the company, five maintain a 'buy' rating, and one recommends a 'hold,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 23.3%.
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