Senco Gold Limited announced a robust business performance for the second quarter and first half of fiscal year 2027 (ended September 30, 2026). The company reported a 52% growth in consolidated revenue for H1 FY27, reaching ₹5,114.8 crore. This growth was driven by sustained consumer demand, strong same-store growth, and an expanded retail network of 215 showrooms.
Senco Gold Announces Strong H1 FY27 Financial Performance
Senco Gold Limited, a prominent Indian jewellery retailer, has reported a significant upswing in its business performance for the second quarter and the first half of the fiscal year 2027, which concluded on September 30, 2026. The company highlighted sustained consumer demand, robust same-store growth, and an effective expansion of its retail footprint across India as key drivers for this success.
Consolidated Financial Snapshot
The consolidated financial snapshot reveals a notable increase in revenue. For the second quarter (Q2 FY27), revenue stood at ₹2,058.7 crore, marking a 34% year-on-year (YoY) growth compared to Q2 FY26. Profit After Tax (PAT) for Q2 FY27 was ₹86.7 crore, with a PAT margin of 4.2%.
In the first half (H1 FY27), the company’s revenue surged to ₹5,114.8 crore, representing a substantial 52% YoY growth over H1 FY26. EBITDA for H1 FY27 reached ₹391.2 crore, a 35% increase YoY, with an EBITDA margin of 7.6%. Profit After Tax (PAT) for H1 FY27 was ₹187.8 crore, showing a 22% YoY growth, and maintaining a PAT margin of 3.7%.
Key Growth Drivers
The company recorded a 40% year-on-year growth in retail revenue during H1 FY27. This performance was bolstered by healthy consumer demand and a strong same-store sales growth (SSSG) of 19% in Q2 and 30% in H1. The resilience of jewellery consumption in India, particularly for festive and wedding occasions, along with the increasing demand for lightweight jewellery, contributed significantly.
Senco Gold achieved its highest-ever topline of over ₹5,114.8 crore during H1 FY27. Furthermore, its trailing twelve-month (TTM) sales crossed the milestone of ₹10,000 crore, underscoring the strength of its brand and growing consumer preference for organised retail.
Retail Network Expansion
In line with its growth strategy, Senco Gold added a net of 14 new showrooms in H1 FY27, expanding its retail network to a total of 215 showrooms. This expansion includes 7 Own Showrooms and 7 Franchise Showrooms. The company plans to open another 6-7 showrooms in the second half of FY27 to further strengthen its market presence.
Management Commentary
Mr. Suvankar Sen, Managing Director & CEO of Senco Gold Limited, expressed satisfaction with the performance, noting the 52% ground-level growth and 29% retail revenue growth in Q2 FY27. He highlighted the company’s commitment to offering differentiated designs, strengthening customer relationships, and expanding its retail footprint to deliver sustainable and profitable growth.
The company also introduced the Ti22 by Aham collection, an innovative titanium jewellery line for men, as part of its focus on product innovation. The outlook for H2 FY27 remains positive, with expectations of continued demand momentum driven by the festive and wedding seasons.
Source: BSE
