Senco Gold shares soar 6% as Q1 business update highlights 60% revenue growth

Senco Gold shares surged 6% after its Q1 FY27 business update showed 60% YoY total revenue growth, with retail revenue up 48% and same-store sales growth at 38%. TTM sales approached Rs 9,660 crore, supported by strong demand across categories, with diamond jewellery value rising 40% YoY and volume up 56% sequentially. The company expanded its retail network to 208 showrooms with plans to open 12-15 more over the next three quarters, though margin pressure is expected from gold price discounting and its 50% hedging position.