Palmonas’s Rs 373-crore funding story reveals how targeting the underserved middle market, building a strong brand, and executing omnichannel growth can redefine success for modern jewellers in India.

All India Gem and Jewellery Domestic Council concluded GJS April 2026 in Mumbai on April 7, reporting 350 exhibitors, 650 booths and 9,000 visitors, driven by Akshay Tritiya demand and industry participation.

Gemfields released its audited 2025 Annual Report on March 26, 2026, reporting lower revenue and operational disruptions across emerald and ruby assets, alongside cost reductions and Fabergé divestment.

Divine Solitaires restructured its FY26 strategy across product, retail and consumer engagement, reporting 30–35% growth, driven by younger buyers, certified diamond demand and expansion across 215 stores in 108 cities.

The objective of Gemological Science International (GSI) is not just to issue reports, but to help the trade build credibility with its customers through transparent and consistent certification, and ensure that certification, testing and education remain aligned with how the jewellery business is actually conducted on the ground, says Ramit Kapur, Managing Director, GSI, in a conversation with Dhwani Rathod.

IGI acquired American Gemological Laboratories on January 31, 2026, in New York and Mumbai to expand coloured gemstone certification, linking US and India markets through a combined global platform.

GIA will introduce redesigned colored stone reports and extend origin-determination services from January 1, 2026, offering updated categories, fees and broader geographic sourcing data for additional gem materials.

Gargi by P.N. Gadgil and Sons marked its four-year milestone in Pune on December 1 2025, outlining growth plans after reporting Q2 FY25-26 sales, profits and continued national retail expansion.

IIGJ Lab, a GJEPC initiative, has revised its ruby treatment terminology to match leading global gemmological practices, simplifying clarity-enhancement descriptions and strengthening transparency for gemstone manufacturers, traders, and retailers across India.

PNGS Gargi Fashion Jewellery Ltd posted strong results for the first quarter of FY26, with sales rising 20.4% year-on-year to Rs. 27.31 crore. Net profit also grew 29.3% to Rs. 5.31 crore, up from Rs. 4.11 crore in the previous quarter

Gold prices in India surged past Rs. 1 lakh per 10 grams this week, raising concerns among jewellers just ahead of the crucial Raksha Bandhan and Diwali season

PC Jeweller is set to raise funds through a preferential allotment as part of its ongoing efforts to strengthen its financial footing. The move comes on the heels of a sharp recovery in business performance, with the company reporting robust revenue growth driven by strong wedding and seasonal demand.

Khazanchi Jewellers Limited, a prominent name in India’s jewellery retail landscape, has announced stellar financial results for the second half and full year of FY25, reporting a sharp surge in revenues and profits. Backed by strong festive demand, digital innovation, and expansion into new markets, the Chennai-based company has emerged as a key player in the evolving jewellery sector

Gargi by P. N. Gadgil & Sons has ended FY25 on a strong financial footing, reporting over 2.5x growth in revenue and a sharp jump in profitability. With a strategic shift to a more scalable franchise-led model and an expanding retail footprint, the jewellery brand is positioning itself for long-term growth. The company has also announced plans to raise Rs. 15 crore to support its next phase of expansion