P N Gadgil Jewellers Limited — Important, 07-07-2025: Updates

P N Gadgil Jewellers reported 19.4% growth in retail revenue, which makes up 70.3% of total sales. E-commerce surged 126% and franchise operations jumped 109%, now contributing 3.9% and 15.7% to revenue, respectively. Refinery sales were discontinued, boosting revenue excluding refinery by 30.4% YoY. Highlighting strong festive demand, single-day sales on Akshaya Tritiya rose 35.1% to ₹139.5 Cr. The studded jewellery share grew 41.6% YoY, reaching 10% of retail sales. The company added two new stores, totaling 55, and plans 7-9 new store openings next quarter, focusing on Maharashtra, UP, and MP markets.