PNGS Gargi Fashion Jewellery Ltd opened a new exclusive brand store at Boulevard Walk mall in Greater Noida on September 20, 2026. The inauguration took place at 4:00 pm, marking an expansion of the company’s physical retail presence.

The new outlet is located at Unit No. B1-11 on the Lower Ground Floor of the mall, situated in Sector 4, Greater Noida (West). This addition supports the firm’s strategy to strengthen its footprint in the National Capital Region.

Regulatory Disclosure

The company made the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was issued to the Corporate Relationship Department of BSE Limited on September 21, 2026.

Hiranyamai Deshpande, Company Secretary and Compliance Officer of PNGS Gargi Fashion Jewellery Limited, signed the filing. The company’s registered office remains in Pune, Maharashtra.

PNGS Gargi Fashion Jewellery reported its latest quarterly financial results, revealing a mixed performance. While the company achieved year-on-year revenue growth, profitability metrics including net profit and EBITDA witnessed a decline over the same comparative period, and margin compression was evident.

Revenue Growth Amid Profitability Pressure

The company posted Q1 revenue of 302M rupees, compared to 273M rupees in the corresponding quarter of the previous year, marking a notable improvement in top-line performance. Despite this revenue uptick, the bottom line came under pressure, with net profit declining to 50M rupees from 53M rupees on a year-on-year basis.

EBITDA and Margin Performance

On the operational front, EBITDA for Q1 stood at 60M rupees, down from 63M rupees reported in the same quarter last year. The EBITDA margin contracted to 19.74% from 23.23% year-on-year, reflecting a widening gap between revenue growth and operational cost management. The following table summarises the key financial metrics for the quarter:

Key Takeaways

• Revenue grew year-on-year to 302M rupees from 273M rupees.
• Net profit declined to 50M rupees from 53M rupees on a YoY basis.
• EBITDA fell to 60M rupees compared to 63M rupees in the year-ago period.
• EBITDA margin contracted by approximately 349 basis points YoY, from 23.23% to 19.74%.

Overall, PNGS Gargi Fashion Jewellery's Q1 results reflect a company navigating a phase where revenue expansion has not translated proportionately into improved profitability, with both EBITDA and net profit registering year-on-year declines alongside a contraction in operating margins.