RETAIL/FMCG
PNG Jewellers Hits ₹10,000 Cr In Revenue Amid Margin Pressure
PN Gadgil Jewellers Ltd said elevated gold prices and a sharp rise in investment-led purchases of gold bars and coins impacted its consolidated gross margins in the March quarter, even as the company crossed the ₹10,000 crore revenue milestone and maintained its FY27 growth guidance. The current market environment led consumers to shift from discretionary […]
CW Bureau
·
May 22, 2026
RETAIL/FMCG
Higher Gold Duty May Impact Demand, Says Thangamayil Jewellery
Thangamayil Jewellery Ltd said the Centre’s move to increase import duty on gold and silver from 6% to 15%, coupled with the Prime Minister’s recent appeal urging the public to defer gold jewellery purchases to reduce the current account deficit, could impact jewellery demand in the coming months. The retail jeweller, however, noted that customers […]
CW Bureau
·
May 17, 2026
RETAIL/FMCG
PNG Jewellers Targets ₹13,500 Cr Revenue In FY27; Steps Up Expansion
P N Gadgil Jewellers Ltd (PNG Jewellers) has outlined an aggressive growth roadmap, targeting a 25% year-on-year increase in revenue to ₹13,500 crore in FY27, while aiming to improve its EBITDA margin to 7.5%, driven by scale expansion and an improving product mix. Expansion push gains pace The company is set to accelerate its retail […]
CW Bureau
·
Apr 8, 2026
RETAIL/FMCG
P N Gadgil Jewellers Crosses ₹10,000-Cr Revenue Mark in FY26
P N Gadgil Jewellers Ltd has surpassed the ₹10,000-crore revenue milestone in FY26, reflecting sustained growth momentum in its core retail business. The company’s performance underscores resilient consumer demand, even amid elevated gold prices, supported by strong traction across product categories. Festive boost drives sales growth On the occasion of Gudi Padwa, the jeweller recorded […]
CW Bureau
·
Mar 20, 2026
