GOLDIAM Goldiam International Q2 FY25 results (Jul–Sep 2024) and concall
Goldiam International reported strong H1 FY25 results, driven by growth in lab-grown diamond jewellery, despite Q2 consolidated revenue being marginally impacted by shipment delays. The company is aggressively expanding its new ORIGEM retail venture in India, with plans for 10-12 new stores in the next six months. While gross margins improved due to strategic procurement and inventory revaluation, management's misstatement of the inventory gain during the call was a notable red flag, later corrected by the company.
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What they filed
| Line item | Q2 FY25 |
|---|---|
| Revenue | 143 |
| EBITDA | 21 |
| Net profit | 24 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
