Senco Gold Q1 FY27: Revenue up 60% YoY, opens 8 new showrooms
SENCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Senco Gold reported strong Q1 FY27 growth: total revenue up 60% YoY and 53% QoQ, retail revenue up 48% YoY, SSSG at 38% YoY. Diamond jewellery value grew 40% YoY with diamond volumes up 15% YoY. Old gold exchange contributed 43% of total sales. The company opened 8 new showrooms in the quarter, taking the total network to 208 stores. TTM sales reached about Rs 9,660 crore. Margins may face pressure due to the customs duty rise from 6% to 15%. Q2 FY27 is expected to be seasonally softer.
Strong revenue and SSSG growth with steady network expansion. Customs duty hike may pressure near-term margins, but long-term expansion continues.