Senco Gold Limited announced a robust performance for the first quarter of FY27 (ended June 30, 2026), with consolidated revenue soaring 67% year-on-year to ₹3,056 crore. Retail sales grew 50% YoY, and Same Store Sales Growth (SSSG) was strong at 39%. The company also expanded its retail network, adding eight new showrooms. This growth reflects strong demand and successful marketing initiatives during a period of volatile gold prices.
Senco Gold Reports Strong Q1 FY27 Performance
Senco Gold Limited has unveiled its financial results for the quarter ended June 30, 2026, showcasing a remarkable 67% year-on-year increase in consolidated revenue, reaching ₹3,056 crore. This marks the highest Q1 performance in recent years, driven by broad-based demand and continued customer trust in the Senco brand. The company highlighted that this growth was achieved despite a significant increase in average gold prices by approximately 61% YoY.
Key Financial Highlights for Q1 FY27
The company’s financial snapshot reveals:
- Revenue: Increased by 67% YoY to ₹3,056.0 crore in Q1 FY27.
- EBITDA: Grew by 16% YoY to ₹213.1 crore, with an EBITDA margin of 7.0%.
- Profit after Tax (PAT): Reported at ₹101.1 crore, with a PAT margin of 3.3%.
- Adjusted EBITDA: Stood at ₹213.1 crore.
- Adjusted PAT: Also reported at ₹101.1 crore.
Retail Sales and Network Expansion
Retail sales demonstrated significant momentum, growing by 50% YoY to ₹2,651.5 crore. This growth was supported by a strong Same Store Sales Growth (SSSG) of 39%, indicating increased footfall and conversion rates at existing showrooms. Senco Gold also expanded its retail footprint by opening a net of eight showrooms during the quarter, bringing the total network to 209 showrooms across India and Dubai as of June 30, 2026. The company remains on track to open an additional 12-15 showrooms in the remainder of FY27.
Business and Performance Drivers
The company attributed its resilient demand to key factors including the festive season, wedding demand, and effective marketing initiatives like the ‘0% deduction’ old-gold exchange campaign, which supported 43% of total sales quantity. Diamond jewelry sales saw a notable increase of 43% YoY in value and 18% in volume, particularly in the sub-₹50,000 category. The management expressed optimism about achieving a 20%+ value growth in FY27 and maintaining EBITDA margins between 7.5%-7.8%.
Source: BSE
