PNGS Reva Q1 FY27 revenue up 119% YoY, festive sales jump 268%

PNGS Reva Diamond Jewellery reported Q1 FY27 revenue from operations of Rs 1,179.73 Million versus Rs 537.49 Million in Q1 FY26, a jump of 119.49 percent including gold sales and 122.35 percent excluding gold sales. This is the second straight quarter of over 100 percent year-on-year growth. Akshaya Tritiya festive sales rose 268 percent to Rs 127.27 Million from Rs 34.63 Million. Store count rose to 37 from 36, with plans to add about 15 new company-operated stores over the next 24 months, focused on Tier 1 and select Tier 2 cities. Management remains positive on demand, citing recent gold price correction and the upcoming wedding season.