PNGS Gargi Fashion Jewellery Limited has reported a strong financial performance for the second quarter of the fiscal year 2025-26, with significant growth in revenue and profitability.

Financial Highlights

The company's financial results for Q2 FY2025-26 showcase impressive year-over-year growth:

Key Performance Indicators

• Revenue: The company's revenue reached 4,644.82 million rupees in Q2 FY2025-26, compared to 2,295.10 million rupees in the same period last year, representing a significant increase of 102.38%.

• Net Profit: Net profit doubled to 1,027.48 million rupees from 509.35 million rupees year-over-year, showing a growth of 101.72%.

• EBITDA: EBITDA grew substantially to 1,300.00 million rupees from 690.00 million rupees in the previous year, an increase of 88.41%.

• EBITDA Margin: The EBITDA margin stood at 28.01%, compared to 30.21% in the same quarter last year, indicating a slight decrease in profitability.

Half-Year Performance

For the half-year ended September 30, 2025, PNGS Gargi Fashion Jewellery reported:

• Total income of 7,624.67 million rupees
• Profit before tax of 2,087.99 million rupees
• Net profit of 1,558.78 million rupees

Operational Updates

As of the results date, the company operates:

• 33 Shop-in-Shop (SIS) stores with P. N. Gadgil & Sons Limited
• 51 SIS stores with other entities
• 21 exclusive brand stores

The company noted strong performance during the festive season from September 20, 2025, to October 23, 2025, across its SIS stores and Exclusive Brand Stores.

Capital Raising

PNGS Gargi Fashion Jewellery has recently completed a preferential allotment of shares:

• 90,000 equity shares to the promoter
• 22,500 equity shares to non-promoter investors
• Issue price: 970.00 rupees per share

The funds raised are intended to support the company's pan-India expansion plans, specifically for additional marketing expenses.

Management Commentary

Govind Gadgil, Chairman & Director of PNGS Gargi Fashion Jewellery Limited, stated, "We are pleased with our strong performance in Q2 FY2025-26. The significant growth in revenue and profitability reflects the strength of our brand and the success of our expansion strategies. We remain committed to our pan-India growth plans and are confident in our ability to capitalize on the growing demand for fashion jewellery in the Indian market."

The company's robust financial results and strategic initiatives indicate a positive outlook for PNGS Gargi Fashion Jewellery Limited as it continues to expand its presence in the Indian fashion jewellery market.

PNGS Gargi Fashion Jewellery Limited , a prominent player in the fashion jewellery sector, has made significant strides in expanding both its product offerings and retail footprint. The company has announced two major developments that are set to strengthen its market position.

Launch of 9 Carat Plain Gold Jewellery

PNGS Gargi Fashion Jewellery has officially commenced the commercial sale of its new 9 Carat Plain Gold Jewellery line on September 22. This strategic move marks the company's entry into a new segment within the gold jewellery category, catering specifically to the domestic market.

The company has initiated sales of this new product line at select locations, indicating a phased rollout strategy. This expansion of product offerings is expected to enhance the company's competitive edge in the jewellery market and potentially appeal to a broader customer base.

New Exclusive Brand Store in Amritsar

Coinciding with the launch of its new product line, PNGS Gargi Fashion Jewellery has also expanded its retail presence. The company inaugurated a new exclusive brand store on the same day, September 22. The store is strategically located at Unit No LG 017, Lower Ground Floor, Nexus Mall, Main GT Road, Amritsar, Punjab.

This retail expansion in Amritsar, a city known for its rich cultural heritage and jewellery traditions, could potentially boost the company's market reach in Northern India.

Implications for Growth

The simultaneous launch of a new product line and the opening of a new store underscores PNGS Gargi Fashion Jewellery's commitment to growth and market expansion. By diversifying its product range with the introduction of 9 Carat Plain Gold Jewellery and extending its retail network, the company appears to be positioning itself for increased market share and enhanced customer engagement.

These developments are part of the company's existing operational segment, suggesting a strategic focus on strengthening its core business while exploring new avenues for growth within the jewellery market.

As PNGS Gargi Fashion Jewellery Limited continues to evolve its product offerings and expand its retail footprint, industry observers will be keenly watching how these moves impact the company's performance in the competitive fashion jewellery landscape.