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Senco Gold LimitedImportant, 04-07-2025: General Updates

04-07-2025 | 05:34 pm

Senco Gold has announced a board meeting on the financial results for the quarter and half-year. Q1 FY26 showed strong growth with ~28% revenue increase, 24% retail growth, and 19% same-store sales rise, driven by key regional festivals. Diamond jewellery volume grew 35%, while gold coin/bullion sales remain minimal at 4.5%. Nine new showrooms (4 COCO, 5 FOFO/FOCO) were added, expanding the portfolio to 179 stores. Despite a 32% YoY surge in gold prices, retail value demand stayed resilient, backed by 40% sales from old gold exchange. New design launches exceeded 11,000 pieces. Expansion and franchise growth plans continue for FY26.

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