RETAIL/FMCG
Senco Gold Focuses On Diamonds & Old Gold Exchange For FY27 Growth
Senco Gold and Diamonds Ltd is banking on rising old gold exchange transactions, higher diamond jewellery sales and growing demand for lightweight and lower-carat jewellery to achieve its FY27 growth targets despite elevated gold prices. The company has provided a conservative guidance of 18-20% revenue growth, targeting turnover of ₹10,000-10,500 crore in FY27 compared with […]
CW Bureau
·
Jun 3, 2026
RETAIL/FMCG
Senco Gold PAT Grows 153% In FY26; Eyes 20% Revenue Growth In FY27
Senco Gold Ltd, the leading jewellery retailer, reported 153% growth in consolidated net profit for the March quarter at ₹157 crore compared to the year-ago period, aided by higher gold, silver and platinum prices and sustained consumer demand. Revenue rose 1.4 times to ₹1,997 crore, while retail sales increased 35% to ₹1,731 crore. The growth […]
CW Bureau
·
May 27, 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 Launches ‘Swarna Swaraj’ To Mobilise Idle Gold
PNG Jewellers has launched ‘Swarna Swaraj’, a nationwide initiative aimed at bringing dormant household gold back into circulation, reducing India’s reliance on gold imports and promoting more responsible gold consumption patterns. The company said the initiative was launched in response to Prime Minister Narendra Modi’s recent appeal urging citizens to exercise restraint in gold purchases. […]
CW Bureau
·
May 15, 2026
