PNGS Gargi Fashion Jewellery Ltd., the silver jewellery brand from P N Gadgil & Sons, has reached a landmark milestone with the opening of its 100th store. The company inaugurated two new outlets in Patna and Kurla (Mumbai), underscoring its rapid retail expansion across India.
The achievement comes on the back of a strong financial performance in Q1 FY26. The company reported a 20.4% rise in revenue to Rs.27.31 crore, while net profit surged 29.3% to Rs.5.31 crore. Operating on a debt-free model, Gargi has built a robust financial base to support its aggressive growth strategy.
In just three years, Gargi has established a pan-India presence, extending from metro cities to Tier-2 and Tier-3 towns. With a portfolio of over 15,000 SKUs, the brand caters to diverse consumer segments and continues to position itself as an accessible name in fashion jewellery.
Looking ahead, the company has announced plans to issue 1,12,500 shares at Rs.970 per share to fund marketing initiatives and accelerate its retail expansion. The move is expected to further consolidate Gargi’s standing in the competitive jewellery market.
For further insights into Gargi’s vision, mission, and future growth strategies, the brand has offered to facilitate interviews with co-founder Aditya Modak.
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