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.

Gemfields reported improved loss metrics for FY2025 despite operational disruptions at Montepuez and Kagem, with auction revenues at $ 129 million and focus shifting to stabilization and deleveraging in 2026.

Senco Gold Ltd posts robust growth in Q2 and H1 FY26, driven by record Rs 1,700+ crore Dhanteras sales, strong showroom expansion, higher stud ratio, and improved profitability despite volatile gold prices.

Kalyan Jewellers is set to deepen its presence in non-South markets by expanding through a franchise-owned company-operated model, focusing on capital efficiency, debt reduction, and overseas growth, including the US.

PNGS Gargi Fashion Jewellery Ltd., the silver jewellery brand from P N Gadgil & Sons, has reached a landmark milestone with the opening of its 100th store. The company inaugurated two new outlets in Patna and Kurla (Mumbai), underscoring its rapid retail expansion 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

In a bold move to accelerate growth while trimming debt, Kalyan Jewellers has announced plans to open 170 new stores in FY 2025–26, leveraging the franchise model for both domestic and overseas expansion.

Gold prices have maintained a strong upward trajectory in 2025, largely supported by a sharp decline in the US dollar.

Kalyan Jewellers India Ltd shares surged 9.31% on Friday, driven by robust December quarter results

The ICRA report projects a robust 14-18% year-on-year growth in India’s gold jewellery consumption for FY25, driven by factors like the customs duty cut, festive demand, and rural income boost. Organised retailers are expected to lead the growth with network expansions and rising consumer preference for branded jewellery

India’s natural diamond polishing industry is bracing for a steep revenue decline of 25-27% this fiscal year, reaching a decade-low of $12 billion, according to a recent CRISIL report

PN Gadgil Jewellers Ltd, a well-known jewelry retail chain based in Maharashtra, is experiencing significant demand for its initial public offering (IPO), with the issue being subscribed 2.23 times by the second day of bidding

P N Gadgil Jewellers, one of Maharashtra's leading organised jewellery players, is set to launch its Initial Public Offering (IPO) from September 10 to 12, 2024

P N Gadgil Jewellers Ltd has received the green light from the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO) worth Rs 1,100 crore, paving the way for significant expansion and debt repayment plans.