National News
Gargi by P N Gadgil & Sons Reports Stellar Q2 Performance with 102% Revenue Growth: Net Profit Doubles to ₹10.27 Crore.
Fashion Jewellery Brand Continues Explosive Growth Trajectory with Strong Festive Season Momentum
Gargi by P N Gadgil & Sons, India’s fastest-growing affordable fashion jewellery brand, has reported great financial results for the second quarter of FY25-26. This means that its plan to grow and enter new markets is working perfectly well.
The company sold Rs46.45 crore in Q2 FY25-26, which is a strong 102% increase from the same time last year (Rs.22.95 crore in Q2 FY24-25) and a strong 70% increase from the previous quarter (Rs.27.31 crore in Q1 FY25-26). This impressive revenue performance shows that Gargi is becoming more and more dominant in the fashion jewellery market. It also shows that its plan to grow by reaching new customers and areas is working.
Strong operational performance leads to profits
The company’s operating profit for the quarter was ₹13.01 crore, which is 87.4% more than the same quarter last year and 105% more than the previous quarter. This shows that the company is very efficient and has been able to keep its margins high. Net profit jumped to ₹10.27 crore, almost doubling with 101% YoY growth from ₹5.09 crore in the same quarter last year and up 93.37% sequentially. This was due to better brand recognition, better cost management, and a strong performance during the festive season.
Growth is driven by strategic expansion and brand building
This result helps Gargi stay one of India’s best affordable fashion jewellery brands. The brand’s expanding product lines, aggressive new store openings, strong omnichannel presence, and seamless connection between offline and online platforms are all reasons for the growth.
Targeted marketing campaigns and smart partnerships that make the brand more visible are also helping the company do well. Gargi is still very popular with millennials and Gen Z customers who want jewellery that is both accessible and aspirational. The brand is growing in metro and tier-2 cities.

Aditya Modak, the co-founder of Gargi by P N Gadgil & Sons, said, “This quarter’s performance shows how dedicated our team is to changing the way affordable fashion jewellery is made in India. Doubling our sales and profits every year is not only a financial milestone; it also shows how close we’ve become to our customers by making unique products, providing high-quality service, and making shopping easy across all channels. Our strong focus on understanding the goals of millennials and Gen Z, along with the trust we’ve built up over time as a family, has given us a unique value proposition in the market.
This is the fourth year for Gargi, and we have continued to remain profitable and sustain growth through these four years. Now we are more sure than ever that we can keep this growth going and make Gargi the place to go for modern fashion jewellery as we ride the festive wave and open stores in new cities.”
National News
Bhima Gold Unveils Ashtalakshmi Coin Collection for Akshaya Tritiya, Blending Devotion with Exquisite Design
A culturally rooted, insight-led launch that reimagines festive gold buying through storytelling, symbolism, and spiritual relevance.
In a move that blends cultural storytelling with product innovation, Bhima Gold has unveiled its Ashtalakshmi Coin Collection for Akshaya Tritiya – positioning gold not just as a purchase, but as a deeply symbolic expression of prosperity, faith, and intent.
Timed with one of India’s most significant gold-buying occasions, Akshaya Tritiya, the launch reflects a deeper cultural shift in consumer behaviour. While the festival continues to drive strong purchase intent, there is a growing preference for meaningful, purpose-led buying experiences over purely transactional consumption.
Aligned with this evolving mindset, the Ashtalakshmi coin collection has been thoughtfully conceptualised to blend tradition with deeper symbolism. Inspired by the eight sacred forms of Goddess Lakshmi, each coin represents a distinct dimension of prosperity—from wealth and nourishment to courage, knowledge, and continuity.

By bringing together Adi Lakshmi, Dhana Lakshmi, Dhanya Lakshmi, Gaja Lakshmi, Santana Lakshmi, Veera Lakshmi, Vijaya Lakshmi and Vidya Lakshmi, the collection reframes gold coins from being a generic festive purchase to a story-driven, culturally immersive product experience – one that resonates across generations and belief systems.
This launch also aligns with Bhima Gold’s larger centenary narrative of “Together Purever,” which focuses on legacy, shared traditions, and evolving consumer meaning. The collection becomes an extension of that philosophy – reinforcing how heritage brands are reinterpreting tradition for a more aware and emotionally driven consumer.
Customers can pre-book their favourite jewellery by paying just 10% in advance & get their jewellery on Akshaya Tritiya at the lowest rate, which gives customers more flexibility and helps them plan their purchases with greater confidence, especially at a time when gold prices are high.
Akshaya Tritiya has traditionally been associated with intention, belief, and the aspiration for prosperity, extending beyond a purely transactional act of buying gold. The Ashtalakshmi Coin Collection has been conceptualised to reflect this deeper cultural and spiritual significance, with each coin designed to carry a distinct meaning and sense of purpose. The initiative also aligns with evolving consumer preferences, where there is a noticeable shift towards jewellery that offers emotional, cultural, and spiritual resonance in addition to intrinsic value.
With gold prices near record highs and consumer sentiment becoming more considered, Bhima’s Ashtalakshmi Coin Collection signals a broader shift in the category — from price-led promotions to meaning-led engagement, where design, storytelling, and cultural relevance drive both differentiation and demand.
As legacy brands navigate a new era of conscious consumption, Bhima Gold’s latest offering highlights how tradition can be reimagined as experience, making gold buying not just an act of investment, but an expression of identity and belief.
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