P N Gadgil Jewellers Limited has informed the Exchange regarding 'Akshaya Tritiya Revenue Update for FY 2026-27'.
PNGJL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
P N Gadgil Jewellers recorded revenue of Rs. 251 crore on Akshaya Tritiya 2026, marking an 80.3% year-on-year growth from Rs. 140 crore last year. This is the company's second-highest single-day revenue performance. Gold contributed Rs. 220 crore (79.6% growth, 12.8% volume growth), silver Rs. 10 crore (98% growth), and diamond & other segments Rs. 21 crore (79.9% growth). The company noted strong performance across western markets as well as Bihar, Uttar Pradesh, and Indore, with positive comments from the CMD about robust demand and the ongoing wedding season expected to drive further growth.
The strong 80% YoY revenue growth during a key festival period signals robust consumer demand and successful execution. The volume growth in gold and diversification across segments are positive indicators for Q1 FY27 performance and suggest healthy footfall conversion.