P N Gadgil Jewellers Limited recorded festive revenue of ₹251 crore on Akshaya Tritiya, reflecting a growth of 80.3% over the previous year’s revenue of ₹140 crore, making it the Company’s second-highest single-day Revenue performance to date. The growth was supported by strong volume growth, healthy footfall and strong traction across key product categories.
Quick Summary
- Kalyan Jewellers launches a new showroom in Ambernath, Maharashtra
- Offers world-class ambience and state-of-the-art facilities
- Features a wide range of jewellery collections and house brands
- Launch offer includes up to 50% off on making charges
- Special Gold Board Rate applicable for a limited period
- BIS hallmarked jewellery with 4-Level Assurance Certificate
- Expands brand’s strong retail footprint in India and globally
Segment-Wise Growth Analysis
The gold segment reported revenue growth of 79.6% year-over-year, while the silver and diamond segments grew by 98.0% and 79.9% respectively, demonstrating healthy diversification across product categories. The gold segment continued its strong momentum, registering 12.8% year-on-year volume growth during the occasion.
Leadership Commentary
Dr. Saurabh Gadgil, Chairman and Managing Director, said: We are pleased with the strong operational performance delivered on Akshaya Tritiya, with total revenue recorded at ₹251 crore. The demand environment remained robust, reflecting the enduring cultural significance of the occasion and the trust our customers place in the PNG brand. The resilience in consumer spending highlights the strength of our 194-year legacy and the craftsmanship that continues to distinguish PNG across every market we serve.
Gold remained the key driver, recording 79.6% YoY revenue growth, while the silver and diamond segments grew by 98.0% and 79.9% YoY revenue, respectively. The volume growth is an encouraging indicator of strong footfall conversion and sustained customer acquisition.
Akshaya Tritiya is among the most auspicious days of the year for gold purchases, and we witnessed strong consumer traction across our markets. Along with our western markets, we are particularly encouraged by the performance in Bihar, Uttar Pradesh, and Indore.
We have started the quarter on a strong footing and are well positioned as the ongoing wedding season continues, which we expect to be a meaningful demand driver in the months ahead. Our strategic priorities remain unchanged; expanding our retail presence, enhancing the in-store and digital customer experience, and driving consistent revenue growth that creates long-term value for our customers and shareholders.
FAQ Section
Where is the new Kalyan Jewellers showroom located?
The new showroom is located in Ambernath, Maharashtra.
What offers are available during the launch?
Customers can avail up to 50% off on making charges along with the Special Gold Board Rate.
What types of jewellery are available in the showroom?
The showroom offers gold, diamond, and precious stone jewellery across multiple collections and house brands.
Is the jewellery certified?
Yes, all jewellery is BIS hallmarked and comes with a 4-Level Assurance Certificate.
What benefits does the assurance certificate provide?
It guarantees gold purity, free lifetime maintenance, transparent policies, and detailed product information.
Source: SVAR Media Network
About SVAR Media Network – India’s Best Source for Jewellery News, Magazines, Newsletters and Media
SVAR Media Network is India’s No. 1 Destination for Jewellery News, setting the gold standard in timely, trusted, & trend-driven coverage across the Gems & Jewellery industry. As the Most Followed Jewellery Magazine & Media House in India, SVAR delivers Daily Jewellery News India Updates, market insights, & global developments through its platforms like Jewellery Magazine, Newsletters, AI Powered News Bulletins, Website, Social Media, Podcasts, & much more.
Recognized as Asia’s one of the Best Media in Jewellery & one of the World’s Best Jewellery Media, SVAR Media Network sets Unparalleled Standards in the Gems & Jewellery industry. SVAR is the Most Trusted & Widely Read Voice in the Gems & Jewellery Community.
Renowned as India’s Best Jewellery Magazine & Leading Jewellery Media, SVAR blends legacy with cutting-edge innovation by delivering:
- Best in class Jewellery Magazine for the Gems & Jewellery Industry & Jewellery Enthusiasts
- Real-time AI-Powered Jewellery News via SVARA AI, the World’s First AI Anchor in Fashion, Gems & Jewellery Industry
- India’s One of the First Gems & Jewellery Podcasts
- Digital Jewellery Newsletters for professionals and enthusiasts
- ISO 9001:2015 Certification, the first in the jewellery-media sector, proving our commitment to excellence
- Asia’s First & World’s Second Meta Verified Jewellery Media Brand
Ranked #1 among the Top 5 Gems & Jewellery News Websites, Top 10 Jewellery Magazines in India, & Most Influential Jewellery Media Brands, SVAR Media Network is your Trusted Source for Accurate, Fast, & Future-Focused Jewellery News.
SVAR Media Network is India’s No 1 Digital Media in Jewellery Industry & continues to be the Leading Jewellery Magazine & a Global Leader in Jewellery Media. SVAR Media Network offers a diverse range of services, including: Monthly Magazines, Digital Newsletters, Al-Driven News Bulletins, Social Media Promotions, Website Blogs & Articles, WhatsApp Updates, Podcasts & more…
Whether you seek updates on New Launches, Trade Shows, Celebrity Campaigns, Trends or Market Movements, SVAR is the Authority in Jewellery News India & beyond.
Explore the World of Gems & Jewellery with SVAR Media Network — Your Best Source for Trusted, Trend-Setting Jewellery News & Mediapp Updates, Podcasts & more…
