StockWatch
·
Gems- Jewellery And Watches
Business Update7 Oct 2026, 05:50 pm

Senco Gold Q2 FY27 Revenue Up 29% YoY, TTM Sales Cross ₹10,000 Cr

AI Summary

Senco Gold Ltd reported a strong business update for Q2 and H1 FY27. Q2 revenue grew 29% year-on-year (YoY) at the retail level, with same-store sales growth (SSSG) at 19%. Diamond jewellery revenue saw a 31% YoY increase in value and 7% in volume. The company achieved a record topline of over ₹5,000 Cr in H1 FY27 and surpassed ₹10,000 Cr in sales on a trailing twelve months (TTM) basis. Despite gold price volatility, consumer demand remained buoyant, supported by festive occasions and a preference for lightweight jewellery. Marketing campaigns focused on driving footfall, and the company launched 6 new showrooms in Q2, bringing the total network to 215. Old gold exchange schemes also saw significant acceleration, contributing to demand. The outlook for Q3 and H2 FY27 is positive, driven by wedding demand and a favourable festive calendar.

Key Highlights

  • Q2 FY27 retail revenue grew 29% YoY, with SSSG at 19%.
  • Diamond jewellery revenue increased 31% YoY in value.
  • Achieved highest-ever H1 topline of ₹5,000 Cr+.
  • TTM sales surpassed the ₹10,000 Cr milestone.
  • Launched 6 new showrooms in Q2, expanding network to 215.