Lalithaa Jewellery Mart Opens 66th Store, Reports 26% Q1 FY27 Revenue Growth

Lalithaa Jewellery Mart Limited has inaugurated its 66th showroom in Mayiladuthurai, Tamil Nadu, a 6770 sq. ft. outlet featuring introductory discounts. The company also announced its unaudited Q1 FY2027 financial results, marking its first quarterly report as a public entity. Revenue grew by a healthy 26% year-on-year, driven by its value-led proposition and expansion strategy. The company added 5 new stores in Q1 FY2027, expanding its retail footprint from 61 to 66. Despite a significant reduction in inventory gains due to stable gold prices, the core gross margin improved by 20 bps year-on-year, reflecting operational strengths. The company remains focused on disciplined growth and enhancing its earnings profile.