P N Gadgil Jewellers reported over Rs 10,000 crore revenue in FY26, with Gudi Padwa sales at Rs 170.7 crore, up 38% YoY, driven by gold, diamond and silver segments.
P N Gadgil Jewellers Limited has reported revenue exceeding Rs 10,000 crore in the financial year 2025–26, marking a key business milestone for the company.
The retailer also recorded festive sales of Rs 170.7 crore during Gudi Padwa, reflecting a year-on-year growth of 38% compared to the same period last year. The performance was supported by sustained consumer demand despite elevated gold prices.
Category-wise, gold continued to be the primary revenue contributor, registering a 35% year-on-year increase. The diamond segment reported a 61% rise, while silver recorded the highest growth at 118% year-on-year.
Dr. Saurabh Gadgil of P N Gadgil said, “Surpassing the Rs 10,000 crore revenue milestone marks a defining moment in our journey — one that we have long aspired to achieve. This milestone is a testament to the unwavering trust of our customers and the relentless dedication of our employees, whose collective efforts have made this achievement possible.
Gudi Padwa continues to be a key occasion for us, and this year witnessed strong customer traction across our markets despite elevated gold prices, resulting in revenue of Rs 170.7 crore. This performance reflects the strength of our brand and our consistent execution across categories and regions.
Encouraged by this momentum, we remain optimistic about sustaining this performance. With the ongoing wedding season, continued expansion into new markets, and a sustained focus on offering compelling designs and value, we are well positioned to close the financial year on a strong note.”
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