Browsing: Saurabh Gadgil

PNG Jewellers strengthens its presence in Uttar Pradesh with the launch of its 82nd store in Prayagraj, inaugurated by Member of Parliament and actor Kangana Ranaut. Spanning 3,000 sq. ft., the new store brings the brand’s 194-year legacy, diverse jewellery collections and exclusive Ram Katha collection to the city of the Sangam.

PNG Jewellers celebrates 25 years of its Paud Road store with the launch of Dr. Saurabh Gadgil’s Marathi memoir, Choosing Gold, in the presence of actress Shreya Bugade.

Ranbir Kapoor praises Choosing Gold, the debut memoir of PNG Jewellers Chairman and Managing Director Dr. Saurabh Gadgil, for its candid take on failure, legacy and resilience.

Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers, launches his debut memoir ‘Choosing Gold’, an honest account of his journey, difficult decisions, leadership, resilience and the legacy of one of India’s oldest jewellery businesses.

PN Gadgil Jewellers’ Qualified Institutional Placement (QIP) has attracted bids worth nearly ₹1,100 crore against its ₹700 crore issue, reflecting strong institutional confidence. Backed by robust Q1 FY27 financial performance, the company aims to accelerate expansion across key Indian markets.

P N Gadgil Jewellers Limited began FY27 on a strong note, delivering record first-quarter revenue of ₹24,130 million along with significant growth in EBITDA and PAT. The company witnessed strong retail performance, rising diamond demand, robust festive sales and continued expansion across India.

Litestyle by PNG, the contemporary lightweight fine jewellery brand from PNG Jewellers, has announced Sara Tendulkar as its brand ambassador, marking a key step in strengthening the brand’s connection with India’s future jewellery consumers.

P N Gadgil Jewellers Limited, one of the most reputed jewellers in the country, boasting around 193 years of excellence in craftsmanship and trusted service in the retail business of gold, silver, and diamond jewellery, announced its unaudited financial results for the quarter ended 30th September, 2025.

P N Gadgil Jewellers Limited Recorded festive season sales of ₹ 606 crore during Diwali, registering a robust 74% growth as compared to the previous year. Dhanteras contributed ₹ 277 crore, marking the company’s highest-ever single-day festive sales, registering an exceptional 105% growth as compared to the previous year.

P N Gadgil Jewellers Limited reported a strong Q2 FY26 performance, with retail segment surging 29% YoY to account for 72.2% of total revenue, bolstered by festive sales from Ganesh Utsav to Navratri and campaigns like Mangalsutra Mahotsav. Non-retail areas shone too, with e-commerce up 113.2% and franchise operations rising 105%, driving overall revenue growth of 31% excluding the discontinued refinery business. Gold, silver, and diamond categories delivered robust volume and value gains, while the company expanded to 63 stores, including new entries in Madhya Pradesh and Uttar Pradesh, eyeing 13-15 more openings in H2 FY26 to reach 76-78 outlets by year-end.