P N Gadgil Jewellers Reports 40% YoY Revenue Growth in FY26, Targets ₹13,500 Crore in FY27

P N Gadgil Jewellers Ltd, a leading jewellery retailer in India, reported a 40% YoY increase in revenue for FY26, amounting to ₹10,744 crore. The strong performance was driven by a 124% YoY increase in total revenue in Q4 FY26. The Retail segment saw a 102% YoY growth, while Franchise Operations and E-commerce grew by 132% YoY and 67% YoY, respectively. The company added 12 new stores, expanding its presence in Maharashtra and entering Uttar Pradesh. The long-term credit rating was upgraded to IND A+/Stable from IND A. The company plans to open 25 new stores and target revenue of ₹13,500 crore in FY27.