Kalyan Jewellers, one of India’ most-trusted and leading jewellery brands, has announced its plans to significantly expand geographical footprint in Bihar. With this aggressive investment, the company is set to double its presence across the state with the launch of four new showrooms. The all-new showrooms will be inaugurated by Bollywood
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Senco Gold Limited, the leading pan-India jewellery retailer announced its unaudited financial results for the first quarter ended on June 30″, 2023, in the Board meeting held on 14th August, 2023. Revenues from operations grew to Rs. 1,305.40 crore in Q1FY24, with YOY growth of 29.6%compared to Rs. 1,007.24 crore in Q1FY23. Q1 FY24 EBITDA stood at Rs. 67.20 crore; EBITDA Margin at 5.1%, Q1 FY24 PAT stood at Rs. 27.67 crore; PAT Margin at 2.1%.
Following the resounding success of its flagship store in Aundh, Silvostyle by PNG is thrilled to unveil its latest gem – the second stand-alone boutique nestled within the vibrant enclave of Phoenix Marketcity, Pune. This dazzling 500 sq.ft store marks not only the brand’s entry into a mall setting in Pune.
The store was inaugurated by Rajya Sabha MP & BJP Goa President Mr. Sadanand Shet Tanavade along with ED of PNG Jewellers Mr. Parag Gadgil & other esteemed members of the PNG Jewellers family amidst much fanfare.
Kalyan Jewellers, unveils its Independence Day campaign film, a heartfelt tribute to the nation’s armed forces for their unwavering service, sacrifice, and commitment. Commemorating the 76th Independence Day, the brand presents a captivating tale of fortitude, elegance, and perseverance that has contributed to shaping India’s indomitable spirit. The campaign ad shines as the brand prepares to inaugurate its monumental 200th showroom.
The Natural Diamond Council (NDC) is thrilled to announce its collaboration with the highly anticipated second season of the critically acclaimed TV show ‘Made in Heaven’, exclusively streaming on Prime Video. This partnership sees some of India’s finest jewellery brands adorned by renowned celebrities who are starring in the highly anticipated second season of the International Emmy-nominated series – Made in Heaven.
The Indian Institute of Gems & Jewellery (IIGJ) Mumbai, a premier institution renowned for its excellence in gem and jewellery education, hosted its very first alumni reunion at the prestigious Launch Pad of the India International Jewellery Show (IIJS) Premiere 2023 (Bombay Exhibition Centre) on August 6, 2023.
Platinum Guild International (PGI), India’s Men of Platinum, proudly continues to celebrate the indomitable spirit of men of character. These extraordinary men lead with their values, holding self-belief, resilience, compassion, and courage close to their hearts.
The 39th edition of IIJS Premiere 2023, organized by the Gem & Jewellery Export Promotion Council (GJEPC), concluded with an overwhelming response generating its highest-ever business of over Rs. 70,000 crore for the trade. The second largest gem & jewellery fair of the world had 50,000 plus visitors at the two venues of JIO World Convention Centre (3-7 August) and Bombay Exhibition Centre, NESCO, Goregaon (4-8 August).
The Company recorded consolidated revenue of Rs 4,376 crore for Q1FY24 as against Rs 3,333 crore in the corresponding quarter of the previous year, a growth of 31%. Consolidated PAT for the quarter was at Rs 144 crore as against a PAT of Rs 108 crore for the same period of the previous year, a growth of 33%.