Business Update20 Apr 2026, 01:23 pm
P N Gadgil Records ₹251 Cr Revenue on Akshaya Tritiya
AI Summary
P N Gadgil Jewellers Ltd reported a strong revenue of ₹251 crore on Akshaya Tritiya for FY 2026-27, marking an 80.3% year-on-year growth. This performance, the company's second-highest single-day revenue, was driven by robust volume growth, healthy footfall, and traction across product categories, particularly gold which saw a 79.6% revenue increase. The company also noted significant growth in silver (98.0%) and diamond (79.9%) segments. Management expressed optimism about the current quarter, citing strong consumer demand and positioning for the ongoing wedding season.
Key Highlights
- Recorded ₹251 crore revenue on Akshaya Tritiya, up 80.3% YoY.
- Gold segment revenue grew 79.6%, silver 98.0%, and diamonds 79.9%.
- Achieved second-highest single-day revenue performance.
- Strong volume growth and healthy footfall contributed to the surge.
- Positive outlook for the current quarter driven by wedding season demand.