P N Gadgil Jewellers recorded Rs 365 crore sales during its Foundation Day offer from February 7–9, 2026 across Maharashtra and other states, driven by gold demand despite elevated prices.
P N Gadgil Jewellers reported total sales of Rs 365 crore during its three-day Foundation Day sales initiative held from February 7 to 9, 2026.
The company stated that demand was recorded across all its stores in Maharashtra and other states. Sales contributions were reported across gold, silver, diamond and other categories.
The gold segment accounted for Rs 336 crore in sales, with volumes of 203 kg. Silver sales stood at Rs 7.4 crore, with volumes of 274 kg. The diamond category reported sales of Rs 7.9 crore. The other segment contributed Rs 13.7 crore during the period.
Dr. Saurabh Gadgil said, “The Foundation Day sales contributed very positively to the business momentum and exceeded management expectations. This strong customer response, despite elevated gold prices, reflects the trust customers place in PNG Jewellers and the strength of our value focused offerings.”
He added, “We witnessed strong performance across our core western markets, complemented by robust traction in Madhya Pradesh, Uttar Pradesh, and Bihar. This response to the Foundation Day initiative has provided a positive start to the quarter. With ongoing wedding demand and the upcoming Gudi Padwa season, we are well placed to sustain the current momentum.”
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