National News
P N Gadgil Jewellers Celebrates Another Milestone, Surpassing ₹10,000 Crore Revenue for 25-26; Gudi Padwa Sales Rise 38% YoY
P N Gadgil Jewellers Limited has surpassed the Rs.10,000 crore revenue milestone in the financial year 2025-26, reflecting strong underlying business momentum.
P N Gadgil Jewellers Limited has surpassed the Rs.10,000 crore revenue milestone in the financial year 2025-26, reflecting strong underlying business momentum.
Further, on the auspicious occasion of Gudi Padwa, the Company recorded festive sales of Rs.170.7 crore, registering a robust year-on-year growth of 38% compared to the corresponding period last year.
The Gold segment remained the primary value driver, with revenues rising by 35% YoY, while the Diamond and Silver segments delivered strong growth of 61% and 118% YoY, respectively.
Dr. Saurabh Gadgil, Chairman and Managing Director, said:
“Surpassing the Rs.10,000 crore revenue milestone marks a defining moment in our journey-one that we have long aspired to achieve. This milestone is a testament to the unwavering trust of our customers and the relentless dedication of our employees, whose collective efforts have made this achievement possible.
Gudi Padwa continues to be a key occasion for us, and this year witnessed strong customer traction across our markets despite elevated gold prices, resulting in revenue of Rs.170.7 crore. This performance reflects the strength of our brand and our consistent execution across categories and regions.
Encouraged by this momentum, we remain optimistic about sustaining this performance. With the ongoing wedding season, continued expansion into new markets, and a sustained focus on offering compelling designs and value, we are well positioned to close the financial year on a strong note.”
National News
Kantilal Jewellers, Launches Flagship Showroom At Vastrapur, Ahmedabad
Marking Its First Expansion Outside Surat, The Massive Three-Story Space Is The Brand’s Largest Retail Destination To Date.
Surat-based Kantilal Jewellers, a legacy brand established in 1948, has expanded beyond its home base with the launch of a 28,000 sq. ft. flagship showroom at Keshavbaug Capital, Vastrapur, Ahmedabad.
Marking its first expansion outside Surat, the massive three-story space is the brand’s largest retail destination to date.
Palatial Architectural Concept: The store design takes inspiration from Jodhpur Palace, featuring Jharokha-style screens, marble passageways, domed skylights, chandelier lounges, and a central atrium linking all three levels.
Experiential Studio Retail: Departing from traditional counters, the showroom offers private studio spaces, VIP viewing areas, and dedicated experience centers.
Ambient Luxury: The shopping experience is elevated by live sitar and guitar performances alongside personalized consultation lounges.
Product Offering: The flagship showcases the brand’s signature gold, diamond, and bridal collections tailored for the Ahmedabad market.
Led by Director Jinay Choksi, this flagship rollout is a strategic move to establish a distinct, experiential luxury footprint across major Gujarat markets while preserving the heritage of the Kantilal brand.
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