P N Gadgil Jewellers Limited has informed the Exchange about Quarterly Update - Q3 FY26
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P N Gadgil Jewellers reported strong Q3 FY26 results with total revenue of ₹3,302 crore, up from ₹2,435 crore in Q3 FY25. The retail segment, which contributes 83.2% of revenue, grew 46% year-on-year, driven by festive and wedding season demand. E-commerce revenue surged 138%, while franchisee operations grew 12% YoY. Festive sales were exceptional — Dhanteras recorded the company's highest-ever single-day revenue of ₹277 crore, total Diwali sales reached ₹606 crore (up 74% YoY), and October 2025 posted the highest-ever monthly revenue of ₹1,807 crore (up 72% YoY). Same-store sales growth was 32%, and the company added 3 new stores during the quarter, taking the total to 66 outlets. Management plans 12–14 more openings in Q4 to reach a target of 78–80 stores by end of FY26.
Strong festive-season outperformance, robust same-store growth, and continued store expansion point to healthy business momentum, which is positive for shareholders. However, the figures are unaudited and subject to limited review, so investors should wait for the final Board-approved results.