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.
GJEPC Seeks Tariff Relief as New U.S. Trade Regime Retains 10% Duty on Indian Gem and Jewellery Exports
With the U.S. Section 301 tariff regime taking effect on July 24, 2026, GJEPC says Indian gem and jewellery exports continue to face a 10% additional tariff despite policy compliance.
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.
Richemont Q1 Sales Rise 20%; Jewellery Division Leads Growth
Richemont reported a 20% increase in first-quarter sales for FY2027, with its Jewellery Maisons posting 24% growth, driven by strong demand across key markets including Asia Pacific and the Americas.
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.
BVC Introduces Prepaid Wallet Cashback Programme for Jewellery Shipments
BVC has introduced a prepaid wallet within its Universe app, offering cashback on wallet recharges for jewellery shipments, enabling trade customers to manage logistics payments with flexible account balances.
PGI Reports Growth in Global Platinum Jewellery Demand in 2025
Platinum Guild International’s 2025 Business Review says platinum jewellery demand rose across major markets despite high gold prices, tariffs and manufacturing pressures, with resilience expected to continue into 2026.
ISGJ Jewellery College, Lexus SoftMac Create 10.07-Carat Diamond Sculpture of Gujarat Deputy CM
ISGJ Jewellery College and Lexus SoftMac have jointly developed a 10.07-carat brown diamond sculpture of Gujarat Deputy Chief Minister Harsh Sanghavi, showcasing advanced design, modelling and precision manufacturing capabilities.
GSI Highlights Growing Product Integrity Challenges in Diamond Screening
GSI has outlined how diamond screening challenges have evolved over the past decade, citing increased laboratory-grown diamond volumes, mounted jewellery verification requirements and the need for consistent product integrity protocols.
Billion-Year Paradox: Do We Ever Own Diamonds?
Canada-based visual artist Reena Ahluwalia frames the “Century Question”: How does a diamond’s legacy survive the hand that currently holds it?
SMR Jewels IPO Closes With QIB Demand Outpacing Retail Participation
SMR Jewels’ Rs 63.74 crore SME IPO closed on June 3 with institutional investors subscribing the QIB portion 2.35 times, while overall subscription remained below one time amid muted retail demand.
More Indian Women Are Choosing Diamonds for Themselves as Natural Diamond Ownership Rises to 15%
Natural diamond ownership among Indian women rose to 15% in 2025 from 11% in 2022, driven by younger consumers, rising incomes and increasing self-purchase trends, according to NDC.
Shringar House of Mangalsutra Reports 106.5% Q4 Revenue Growth
Mumbai-based Shringar House of Mangalsutra reported strong Q4 FY26 growth, doubled PAT, expanded manufacturing capacity, and entered the bridal jewellery segment through partnerships with Tanishq and Malabar Gold & Diamonds.
Gemfields’ May Emerald Auction Generates $ 26.8 Million
Gemfields sold 183,385 carats of higher-quality rough emeralds in Bangkok and online during May 2026, citing stable demand, cautious buying sentiment and macroeconomic pressures affecting coloured gemstone trading.
IGI Reports 21% Revenue Growth in Jan-Mar 2026 Quarter
International Gemological Institute reported 21% growth in revenue and EBITDA for Jan-Mar 2026, driven by natural diamonds, laboratory-grown diamonds and jewellery certification demand, alongside expansion into coloured stones.
