High Gold Prices Shift India’s Jewellery Business Towards Value Per Gram
India’s INR 7 lakh crore jewellery market is seeing lower gold volumes but higher consumer spending, prompting retailers to focus on lightweight, lower-carat and studded jewellery.
Senco Gold Q1 revenue rises 67% to Rs 3,056 crore
Senco Gold reported 67% year-on-year revenue growth in Q1 FY27, with retail sales rising 50% and the showroom network expanding to 209 stores by June 2026.
Titan jewellery growth supports FY27 earnings outlook
Titan’s jewellery business grew 39% in Q1FY27, while buyer growth, premium products and store expansion supported the earnings outlook despite elevated gold prices and margin pressures.
PNGS Reva Diamond Jewellery posts 119.5% revenue growth in Q1 FY27
PNGS Reva Diamond Jewellery reported Q1 FY27 revenue of Rs 117.97 crore and PAT of Rs 27.21 crore on July 30, driven by retail expansion, natural diamond demand and post-IPO growth initiatives.
IGI Reports 23% Revenue Growth and 31% PAT Growth in Q1 FY27
International Gemological Institute (IGI) reported 23% revenue growth and 31% profit growth for the quarter ended June 2026, supported by growth across loose stones, jewellery and coloured gemstone certification.
Gargi by PNGS Opens Two Kiosks in Hyderabad and Delhi
Gargi by PNGS has opened two jewellery kiosks at Lakeshore Mall, Hyderabad, and Pacific Mall, Delhi, in June 2026, expanding its retail network through a capital-efficient kiosk-led strategy.
P N Gadgil Jewellers reports 41% revenue growth in Q1 FY27
P N Gadgil Jewellers reported 41% year-on-year revenue growth in Q1 FY27, led by retail sales, while reaffirming plans to open around 25 stores during the fiscal year.
Gargi by PNGS Opens New Kiosks in Kolkata and Ghaziabad
Gargi by PNGS has expanded its retail network with new kiosks in Kolkata and Ghaziabad during May 2026, strengthening its presence in North and East India as part of its FY27 growth plan.
Less Gold, More Money: A Record Quarter By Rupee, A Different Story By Gram
India's listed jewellers have posted their best March quarter on record. Strip out a 79% rise in the gold price, and a quieter, more uncomfortable picture emerges — one the unorganized trade and several regional listings have already started to live with.
Gargi by PNGS Adds Four Stores Across Kolkata, Gwalior, Amravati and New Delhi
Gargi by PNGS expanded its retail network in April 2026 with four new outlets across Kolkata, Gwalior, Amravati and New Delhi as part of its FY27 growth strategy.
Piyush Goyal Unveils Malabar Gold & Diamonds’ Rs 200 Crore CSR Plan for FY27
Piyush Goyal launched Malabar Gold & Diamonds’ Rs 200 crore CSR plan in New Delhi on March 25, 2026, covering education, healthcare, hunger relief, housing and environmental programmes across India.
Sky Gold and Diamonds Sets Ambitious Rs 7,600 Crore Revenue Target by FY27
B2B jewellery manufacturer Sky Gold and Diamonds Ltd. has set its sights on doubling its revenue to Rs 7,600 crore by FY27, driven by expansion in its advanced gold business, onboarding of new clients, and optimised capacity utilisation.
Titan Sets Ambitious Targets to Boost Market Share in Jewellery Business
Titan Company Ltd. is making strategic moves to expand its footprint in the jewellery market, aiming to increase its market share to 10-11% from the current 8.6%
Titan plans to open more than 600 jewellery stores across 300 towns in three years
The move is part of a plan to more than double its jewellery business by FY27
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