Q1 FY27 revenue up 119% YoY; store count rises to 37
PNGSREVA · price
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PNGS Reva Diamond Jewellery reported Q1 FY27 revenue of Rs 1,179.73 Million, up 119.49% YoY including gold sales and 122.35% excluding gold, marking a second straight quarter of over 100% growth. Akshaya Tritiya sales jumped 268% to Rs 127.27 Million. Store count rose to 37 (3 COCO and 34 SIS) from 36 as of March 2026. The company plans about 15 new COCO 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.
Strong double-digit revenue growth and festive season momentum signal healthy business trajectory, likely to support positive investor sentiment.