PNGS Reva Diamond Jewellery Ltd reported a 46.25% year-on-year increase in revenue to ₹1,205.40 million for Q2FY27, excluding gold sales. The growth coincides with an expansion of its retail network and the launch of a new e-commerce platform.

Retail expansion and digital push

The company’s total store count has grown to 38, with new locations established in Pune and Nashik. This physical expansion is complemented by the launch of a new e-commerce platform aimed at enhancing customer experience. Management has outlined plans to open 15 new Coco stores within the next 24 months, signaling continued investment in its retail footprint.

Financial performance overview

The following table details the revenue performance for the quarter and the first half of the fiscal year:

Revenue growth including gold sales stood at 17.46% YoY for Q2FY27 and 52.19% YoY for H1FY27. The company noted that this strong growth was achieved despite the absence of festival days during the quarter, compared to nine festive days recorded in the corresponding period last year.

What the numbers show

The significant revenue jump of 46.25% suggests strong demand for non-gold jewellery segments, as the figure explicitly excludes gold sales. This distinction is critical: it indicates that the growth is driven by high-margin categories rather than just volume fluctuations in gold prices. The simultaneous expansion of the store network to 38 locations provides the necessary infrastructure to sustain this top-line momentum, while the new e-commerce channel offers a dual-pronged approach to customer acquisition. Furthermore, the H1FY27 revenue excluding gold sales grew by 75.75% YoY, highlighting a robust first-half performance that outpaced the quarterly growth rate, suggesting consistent momentum across the period.

PNGS Reva Diamond Jewellery Limited opened an exclusive brand store in Nashik on September 23, 2026. This addition increases the company's total Exclusive Brand Stores to 4.

The new outlet is located at Ground Floor, Shop No. 4 & 5, Agora Commercial Complex, Sharanpur Road, Canada Corner, Nashik. The move was intimated to stock exchanges under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Retail Network Expansion

With this latest opening, the company's retail footprint now comprises 34 Specially Authorized Stores (SIS) operated with P. N. Gadgil & Sons Limited and 4 Exclusive Brand Stores (EBO). The disclosure highlights a steady expansion of the brand's physical presence across key markets.

The company, formerly known as Gadgil Metals & Commodities, continues to strengthen its distribution network through these strategic retail additions.