Shringar House of Mangalsutra Reports 68.4% Revenue Growth in Q3 FY26
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.
EU-India FTA: Boost to competitiveness, level playing field vis-à-vis non-FTA nations
The EU-India FTA offers a significant boost to India’s gems and jewellery industry through reduced tariffs, easier market access, and improved competitiveness in Europe. The pact is expected to accelerate exports, attract investment, strengthen manufacturing, and reinforce India’s position as a trusted global sourcing hub for premium jewellery, says Suneeta Kaul.
Union Budget 2026–27 makes strong push for MSMEs, signals stability and cautious optimism
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.
D P Abhushan Q3FY26 net profit rises 96% to Rs 73.4 crore
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.
Jewellery industry flags tax, duty and regulatory priorities ahead of Budget 2026
Ahead of the Union Budget 2026–27, leading jewellery retailers, manufacturers and industry bodies outline expectations on GST, import duties, exports, digital gold regulation, working capital, and policy reforms to strengthen growth.
GJEPC Submits Pre-Budget Policy Proposals to Finance Ministry
GJEPC submitted pre-Budget recommendations to the Finance Ministry in Mumbai on January 14, 2026, seeking duty rationalization, tax reforms and SEZ flexibility to support exports amid global trade pressures.
GJEPC Submits Pre-Budget Recommendations to Boost Export Competitiveness and Ease of Doing Business
The Gem & Jewellery Export Promotion Council presented key policy proposals to the Government seeking tax reforms, industry incentives, and regulatory ease to strengthen India’s leadership in diamonds, gold, coloured gemstones, and lab-grown diamonds.
D.P. Abhushan Posts Robust Q2FY2C Results; Net Profit Doubles 105% YoY
EBITDA margin improves sharply to 7.83% and PAT margin rises to 5.32% despite volatile gold pricing environment.
GJEPC Presents $100 Billion Export Roadmap for India’s Gem & Jewellery Sector to Prime Minister Narendra Modi
GJEPC Chairman Kirit Bhansali, addressing Prime Minister Modi’s select industry meet, outlined a roadmap to make India the global hub for gems and jewellery with $100 billion exports by 2047.
Malabar Gold & Diamonds opens its showroom at Vaishali Enclave, Pitampura, Inaugurated By Bollywood Star Anil Kapoor
Malabar Gold & Diamonds, the Responsible Jeweller and the world’s fifth-largest jewellery chain, has opened its showroom at Vaishali Enclave, Pitampura, further strengthening its footprint in Delhi
Kalyan Jewellers Reports Rs. 7,268 Cr Revenue in Q1 FY26, PAT Surges 49%
Kalyan Jewellers India Ltd announced strong financial results for the first quarter of FY26, posting consolidated revenue of Rs. 7,268 crore, marking a 31% increase from Rs. 5,528 crore in the same quarter last year. The company also reported a 49% year-on-year rise in profit after tax (PAT), reaching Rs. 264 crore for the quarter.
CBIC Notifies Procedure for Personal Carriage of Gems & Jewellery at Jaipur ACC and Airport
The Central Board of Indirect Taxes and Customs (CBIC) has officially operationalised the procedure for the import and export of gems and jewellery through personal carriage at the Air Cargo Complex (ACC), Jaipur and Jaipur International Airport.
Khazanchi Jewellers Reports 145% Surge in H2FY25 Revenues, Net Profit Rises 115%
Khazanchi Jewellers Limited, a prominent name in India’s jewellery retail landscape, has announced stellar financial results for the second half and full year of FY25, reporting a sharp surge in revenues and profits. Backed by strong festive demand, digital innovation, and expansion into new markets, the Chennai-based company has emerged as a key player in the evolving jewellery sector
Gargi by P. N. Gadgil & Sons Closes FY25 with Rs. 126.3 Cr Revenue, Net Profit Jumps 240%; Board Clears Rs. 15 Cr Fundraise
Gargi by P. N. Gadgil & Sons has ended FY25 on a strong financial footing, reporting over 2.5x growth in revenue and a sharp jump in profitability. With a strategic shift to a more scalable franchise-led model and an expanding retail footprint, the jewellery brand is positioning itself for long-term growth. The company has also announced plans to raise Rs. 15 crore to support its next phase of expansion
P N Gadgil Jewellers Posts 25.9% YoY Revenue Surge in FY25, Hits Rs.76,934.68 Mn
P N Gadgil Jewellers Ltd. (PNG Jewellers), one of India’s most enduring and trusted jewellery brands, has reported a robust 25.9% year-on-year (YoY) increase in consolidated revenue, reaching Rs.76,934.68 million for the financial year ended 31 March 2025

