P N Gadgil's Subsidiary Reva Diamond Files for ₹4.5 Billion IPO 2 days ago
Reva Diamond, a subsidiary of PN Gadgil Jewellers, has filed for an Initial Public Offering (IPO) worth ₹4.50 billion. The company plans to use the funds to open 15 brand-specific stores across India, aiming to expand its retail presence in the competitive jewelry market. This move aligns with the ongoing shift towards organized retail in the Indian jewelry sector and could potentially reshape the industry landscape.
PNG Jewellers Expands Portfolio with 'Litestyle' Brand for Lightweight Jewellery 2 days ago
PNG Jewellers Sets Ambitious Growth Targets for FY26, Reports Strong Q4 FY25 Performance May 18, 2025
PN Gadgil Jewellers: Q4 Profit Up 13%, Revenue Grows Amid Margin Pressure May 15, 2025
P N Gadgil Jewellers Sparkles with Record-Breaking Akshaya Tritiya Sales
P N Gadgil Jewellers Limited (PNGJL) achieved its highest-ever single-day festive sales of ₹139.53 crore on Akshaya Tritiya, marking a 35% growth compared to the previous year. Gold segment saw a 34% value growth and 1.46% volume growth, despite a 31% increase in gold prices. Diamond sales increased by 23% in value and 31% in volume, while silver sales surged by 114% in value and 90% in volume. The company's strong performance across all segments indicates robust consumer demand and brand loyalty.
P N Gadgil Jewellers Sparkles with Robust Q4 and Full-Year Growth
P N Gadgil Jewellers Limited (PNGJL) reported impressive financial results for Q4 and FY25. Q4 consolidated revenue increased by 5.10%, contributing to a 25.90% full-year growth. The retail segment, accounting for 81.50% of total revenue, grew by 50.00% in Q4. E-commerce and franchisee operations saw significant growth of 243.80% and 37.20% respectively. Same Store Sales Growth reached 26.30%, and the company achieved record single-day festive sales of ₹123.50 crore on Gudi Padwa. PNGJL expanded its store network to 53 locations and plans to open 20-25 new stores in FY26.