PNGSREVANSEPNGS Reva Diamond Jewellery LimitedMediumPositive
Announced Mon, 23 Mar · 10:16 IST

Gudhi Padwa sales update for the Financial Year 2025-2026.

Business Updates View source PDF

PNGSREVA · price

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Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹367.90
prior close
₹348.45
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AI summary

PNGS Reva Diamond Jewellery reported revenue of Rs. 73.004 million on the occasion of Gudhi Padwa (a key festival for the Marathi/Hindu New Year) for FY 2025-2026. This compares to Rs. 20.818 million earned during Gudhi Padwa in FY 2024-2025. The company stated that total revenue grew 2.51 times year-on-year for this festive period. The announcement is a voluntary sales update shared with both BSE and NSE, not a financial results filing.

Likely market impact

The strong festival season growth (2.5x year-on-year) signals robust consumer demand and could be viewed positively by investors, though it represents only a few days of sales. Shareholders should wait for full quarterly results to assess whether the momentum sustains beyond festive periods.