P N Gadgil Jewellers Limited reported FY26 revenue of Rs 107,391 million, up 39.6% year-on-year, with PAT rising 87.8%, driven by retail growth, festive demand, studded jewellery sales, and network expansion.

India's listed jewellers have posted their best March quarter on record. Strip out a 79% rise in the gold price, and a quieter, more uncomfortable picture emerges — one the unorganized trade and several regional listings have already started to live with.

Gargi by PNGS expanded its retail network in April 2026 with four new outlets across Kolkata, Gwalior, Amravati and New Delhi as part of its FY27 growth strategy.

India’s gem and jewellery exports totalled $27.72 billion in FY2025–26, reflecting a structural shift towards diversified markets and value-added segments amid global uncertainties and declining dependence on the US market.

Limelight Laboratory Grown Diamonds will launch 25 stores across metros and Tier 2 cities in Q1 FY26, expanding its network to over 85 stores to strengthen category presence.

Divine Solitaires restructured its FY26 strategy across product, retail and consumer engagement, reporting 30–35% growth, driven by younger buyers, certified diamond demand and expansion across 215 stores in 108 cities.

PNGS Reva Diamond Jewellery reported Q3 FY26 growth with revenue rising 40% QoQ and PAT 82%, driven by festive demand, increased footfall, and planned COCO store expansion across Maharashtra and North India.

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.

Divine Solitaires reports strategic shifts in FY26 driven by high gold prices, evolving consumer behaviour, and rising interest in certified natural diamond solitaires, targeting category expansion and stronger retailer partnerships across India.

Shringar House of Mangalsutra Limited reported unaudited Q3 FY26 results on February 12, 2026, in Mumbai, with revenue at Rs. 658.9 crore, driven by gold price movements and domestic demand.

Union Budget 2026-27 makes a strong push for MSMEs, with a Rs 10,000-crore SME Growth Fund; besides, it enables faster payments via mandatory TReDS for CPSE purchases. Overall, the Budget emphasizes fiscal prudence, infrastructure creation, and ease of doing business. For a sector navigating global uncertainty, shifting consumer preferences, and rising compliance standards, it is stability that the enabler.

India’s Economic Survey FY25–26 outlines how the gems and jewellery sector shaped exports, gold imports, inflation and lending, highlighting diversification gains and rising macro pressures for policymakers and industry.

D P Abhushan Limited reported audited Q3FY26 and nine-month results on January 23, 2026, showing higher revenue, margins and profit, driven by festive demand, weddings, and disciplined inventory management.

Senco Gold Ltd posts robust growth in Q2 and H1 FY26, driven by record Rs 1,700+ crore Dhanteras sales, strong showroom expansion, higher stud ratio, and improved profitability despite volatile gold prices.