Connect with us

PNG Jewellers crosses Rs 10,000 crore revenue milestone, posts 38% growth in Gudi Padwa sales 

RJI

Strong festive demand, coupled with broad-based growth across gold, diamond and silver categories, reflects sustained consumer traction despite elevated gold prices and supports the brand’s continued expansion momentum. 

Pune: P N Gadgil Jewellers Limited has surpassed the Rs 10,000 crore revenue milestone in the financial year 2025-26, reflecting strong underlying business momentum. 
 
Further, on the auspicious occasion of Gudi Padwa, the Company recorded festive sales of Rs 170.7 crore, registering a robust year-on-year growth of 38% compared to the corresponding period last year. 
 
The gold segment remained the primary value driver, with revenues rising by 35% YoY, while the diamond and silver segments delivered strong growth of 61% and 118% YoY, respectively. 

Saurabh Gadgil, Chairman and Managing Director, said, “Surpassing the Rs 10,000 crore revenue milestone marks a defining moment in our journey-one that we have long aspired to achieve. This milestone is a testament to the unwavering trust of our customers and the relentless dedication of our employees, whose collective efforts have made this achievement possible. Gudi Padwa continues to be a key occasion for us, and this year witnessed strong customer traction across our markets despite elevated gold prices, resulting in revenue of Rs 170.7 crore. This performance reflects the strength of our brand and our consistent execution across categories and regions.  Encouraged by this momentum, we remain optimistic about sustaining this performance. With the ongoing wedding season, continued expansion into new markets, and a sustained focus on offering compelling designs and value, we are well-positioned to close the financial year on a strong note.” 

RJI

Retail Jeweller India News 
 

Click here to enter your finest jewellery design work for the Retail Jeweller India Awards 2026 and step into the elite circle of excellence.

Enjoyed this article? Stay ahead with industry insights – Subscribe to Retail Jeweller India Magazine

Follow us on social media and subscribe to our newsletter to never miss an update

[slide-anything id='43210']

Related Posts