P N Gadgil Jewellers Crosses ₹10,000 Crore Revenue Milestone; Gudi Padwa Sales Up 38%

P N Gadgil Jewellers has achieved a major milestone by surpassing ₹10,000 crore in revenue for the financial year 2025-26. Further boosting performance, festive Gudi Padwa sales recorded robust year-on-year growth of 38%, reaching ₹170.7 crore. The company attributes this success to customer trust, employee dedication, and strong growth across all major segments, particularly Diamond and Silver.

FY2025-26 Revenue Achievement

P N Gadgil Jewellers Limited announced it has successfully surpassed the significant ₹10,000 crore revenue milestone during the financial year 2025-26. This achievement reflects the strong underlying business momentum the company is currently experiencing.

Exceptional Gudi Padwa Performance

On the auspicious occasion of Gudi Padwa, the company recorded festive sales totaling ₹170.7 crore. This figure represents a robust year-on-year growth rate of 38% compared to the same period last year, demonstrating strong customer traction despite high gold prices.

Segmental Growth Drivers

The growth was broad-based across the jewelry portfolio. The core Gold segment led the revenue contribution, growing by 35% Year-over-Year (YoY). More notably, the Diamond segment saw revenues increase by 61% YoY, while the Silver segment delivered exceptional growth of 118% YoY.

Chairman’s Remarks

Dr. Saurabh Gadgil, Chairman and Managing Director, stated that crossing the ₹10,000 crore mark is a defining moment, validating the unwavering trust of customers and the dedication of employees. He highlighted that the Gudi Padwa performance confirms the brand’s strength across categories and regions.

Looking ahead, Dr. Gadgil expressed optimism about sustaining this performance momentum. The company is well-positioned to conclude the financial year strongly, supported by the ongoing wedding season, expansion into new markets, and a continued focus on offering compelling designs and value to customers.

Source: BSE

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