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PNGS Gargi Fashion Jewellery LtdImportant, 10-07-2026: Company Update

10-07-2026 | 04:06 pm

PNGS Gargi Fashion Jewellery reported a robust Q1FY27 business update, with Revenue from Operations growing 11.61% YoY to 30.48 Cr. Akshaya Tritiya sales surged 77.41% YoY to 2.37 Cr. The company's strategic focus on Exclusive Brand Outlets (EBOs) is strengthening, as EBO sales increased significantly to 6.90 Cr from 2.41 Cr, reducing reliance on the SIS channel. While Q1 saw seasonal softness, management anticipates improved demand in the latter half of FY27, fueled by festive seasons, weddings, and a growing consumer preference for affordable, branded jewellery within its expanding 135-store network.

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