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P N Gadgil Jewellers Limited – Diwali Sales Update

P N Gadgil Jewellers Limited recorded festive season sales of ₹ 689 crore during Diwali, registering a 14% year-on-year growth.

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This festive season, our newer regions in Northern and Central India showed encouraging traction, with studded jewellery contributing 17.2% of sales, while the overall retail average Stud ratio stood at 12.6%.

The performance was primarily driven by the gold segment, which recorded a 13% year-on-year growth in revenue. The silver category also witnessed strong traction, registering a growth of 24% year-on-year, while the diamond segment reported an 8% year-on-year growth.

Dr. Saurabh Gadgil, Chairman and Managing Director of P N Gadgil Jewellers, said:

“This Diwali represents another significant chapter in our growth journey. We sincerely appreciate the continued confidence and affection our customers have shown towards our brand, product quality, craftsmanship and service.

By introducing exciting festive offers, elevating the in-store shopping experience and remaining committed to our core values, we have continued to create greater value for our customers. These initiatives have helped us deliver healthy growth across product categories and deepen customer engagement, even amid volatility in gold prices.

As we enter the upcoming wedding season, we remain confident about the growth outlook. With consumer sentiment continuing to remain encouraging, we believe we are well-positioned to sustain the positive momentum in the coming months.”

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National News

Palmonas x Sanjana Ganesan Introduce A New Edit Of Platinum-Plated Jewellery

The collaboration features contemporary 925 Sterling Silver designs with platinum plating, vibrant Cubic Zirconia accents and versatile silhouettes for everyday elegance and special occasions.

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Palmonas presents a new jewellery edit in collaboration with Sanjana Ganesan, featuring an elegant range of platinum-plated 925 Sterling Silver jewellery. Bringing together delicate designs, vibrant stones and contemporary silhouettes, the collection offers versatile pieces suited for everyday styling as well as special occasions.

The edit features the Elegant Teardrop Dangle Earrings, adorned with twelve brilliant blue Cubic Zirconia stones that add a touch of colour and sparkle. The Emera Grace Ring features emerald-toned stones in a graceful design, while the Sparkling Butterfly Necklace brings a subtle charm with its timeless silhouette.

Adding to the collection are the Green Crystal Bloom Earrings, featuring vibrant green Cubic Zirconia stones, and the Graceful Link Bracelet, a minimal yet refined piece designed for everyday wear. Each design is crafted in 925 Sterling Silver with a luxurious platinum plating, bringing together contemporary aesthetics and versatile styling.

With this collection, Palmonas and Sanjana Ganesan bring together jewellery that complements different moods and occasions. From understated everyday looks to more dressed-up ensembles, the edit offers pieces that can be styled individually or paired together for a coordinated look.

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