High Gold Prices Shift India’s Jewellery Business Towards Value Per Gram
India’s INR 7 lakh crore jewellery market is seeing lower gold volumes but higher consumer spending, prompting retailers to focus on lightweight, lower-carat and studded jewellery.
Senco Gold Q1 revenue rises 67% to Rs 3,056 crore
Senco Gold reported 67% year-on-year revenue growth in Q1 FY27, with retail sales rising 50% and the showroom network expanding to 209 stores by June 2026.
Titan jewellery growth supports FY27 earnings outlook
Titan’s jewellery business grew 39% in Q1FY27, while buyer growth, premium products and store expansion supported the earnings outlook despite elevated gold prices and margin pressures.
PNGS Reva Diamond Jewellery posts 119.5% revenue growth in Q1 FY27
PNGS Reva Diamond Jewellery reported Q1 FY27 revenue of Rs 117.97 crore and PAT of Rs 27.21 crore on July 30, driven by retail expansion, natural diamond demand and post-IPO growth initiatives.
IGI Reports 23% Revenue Growth and 31% PAT Growth in Q1 FY27
International Gemological Institute (IGI) reported 23% revenue growth and 31% profit growth for the quarter ended June 2026, supported by growth across loose stones, jewellery and coloured gemstone certification.
Richemont Q1 Sales Rise 20%; Jewellery Division Leads Growth
Richemont reported a 20% increase in first-quarter sales for FY2027, with its Jewellery Maisons posting 24% growth, driven by strong demand across key markets including Asia Pacific and the Americas.
P N Gadgil Jewellers reports 41% revenue growth in Q1 FY27
P N Gadgil Jewellers reported 41% year-on-year revenue growth in Q1 FY27, led by retail sales, while reaffirming plans to open around 25 stores during the fiscal year.
Less Gold, More Money: A Record Quarter By Rupee, A Different Story By Gram
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.
World Gold Council Reports Shift from Jewellery to Investment Demand in Q1 2026
World Gold Council’s Q1 2026 report shows global gold demand rose 2% year-on-year as record prices reduced jewellery volumes but boosted bar, coin and ETF investment demand worldwide.
Limelight Laboratory Grown Diamonds to add 25 stores in Q1 FY26
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.
Senco Gold & Diamonds Achieves Record Rs 1,700+ Crore October Sales, Marks 56% YoY Surge
Festive demand during Diwali and Dhanteras propels Senco Gold & Diamonds to its highest monthly sales ever, overcoming record gold prices with strong design-led collections, positive sentiment, and strategic offers.
PNGS Gargi Fashion Jewellery Marks 100th Store Milestone with New Openings in Patna and Mumbai
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.
India’s Q1 GDP Growth Reinforces Jewellery Sector Resilience: GJEPC Chairman
Commenting on India’s 7.8% GDP growth in the first quarter of FY 2026, Kirit Bhansali, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), said the strong performance reflects the resilience of the economy and the policy direction under the leadership of Prime Minister Narendra Modi.
Gargi by P.N. Gadgil & Sons Launches Mobile App, Records Rs 1 Lakh Sales in First 10 Days
Gargi by P.N. Gadgil & Sons, one of India’s fastest-growing fashion jewellery brands, has launched its official mobile application for Android and iOS platforms. The app, aimed at strengthening the brand’s omnichannel presence, generated sales of over Rs 1 lakh within just 10 days of going live.
Titan Q1 Net Profit Jumps 52.5% on Strong Jewellery, Watches Sales
Titan Company posted a 52.5% year-on-year rise in net profit to Rs. 1,091 crore for the June quarter, driven by robust performances in its jewellery and watches segments despite high gold prices.
