Connect with us

National News

P N Gadgil Jewellers Reports ₹251 Crore Revenue on Akshaya Tritiya, Registers 80.3% YoY Growth

Strong Footfalls, Volume Growth, and Diversified Demand Across Gold, Silver, and Diamonds Drive One Of The Brand’s Highest Single-Day Performances

Published

on

P N Gadgil Jewellers reported a robust revenue of Rs. 251 crore on Akshaya Tritiya 2026, marking an impressive 80.3% year-on-year growth compared to Rs. 140 crore last year. This performance stands as the company’s second-highest single-day revenue to date, driven by strong consumer sentiment, healthy footfall, and solid traction across key product categories.

The gold segment remained the primary growth driver, recording Rs. 220 crore in revenue, reflecting a 79.6% YoY increase, along with a 12.8% rise in volume growth. Meanwhile, the silver segment surged by 98.0%, reaching Rs. 10 crore, and the diamond and other jewellery category grew by 79.9%, contributing Rs. 21 crore—highlighting balanced growth across segments.

The table below summarises segment-wise revenue performance compared with the prior year:

Particulars (₹ Cr)Apr-26 RevenueApr-25 RevenueRevenue Growth (%)
Gold22012379.6%
Silver10598.0%
Diamond & Other211279.9%
Total25114080.3%

Commenting on the performance, Dr Saurabh Gadgil, Chairman and Managing Director, stated, “We are pleased with the strong operational performance, with total revenue at Rs. 251 crore. The robust demand environment reflects the enduring cultural significance of Akshaya Tritiya and the trust customers place in the PNG brand. Our 194-year legacy and craftsmanship continue to drive this momentum.”

He further noted that gold remained the key contributor, while silver and diamonds showed exceptional growth, indicating strong customer acquisition and effective footfall conversion. The company also witnessed encouraging traction beyond its core markets, particularly in Bihar, Uttar Pradesh, and Indore, alongside its strong presence in western India.

With a strong start to the quarter, P N Gadgil Jewellers remains well-positioned to capitalise on the ongoing wedding season, which is expected to act as a key demand driver in the coming months. The brand continues to focus on expanding its retail footprint, enhancing customer experience across channels, and delivering consistent long-term growth.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

National News

Rajiv Jain Elected Chairman Of Jaipur Jewellery Show

The members expressed their confidence that, under his leadership, JJS will continue to achieve new milestones while further strengthening its position as one of the country’s premier gem and jewellery exhibitions.

Published

on

The Jaipur Jewellery Show Organising Committee has unanimously elected  Rajiv Jain as the Chairman of Jaipur Jewellery Show (JJS).  Rajiv Jain is a distinguished industry leader with decades of exemplary service to the gem and jewellery sector and had held many important positions.

A few of the key positions held by him are: Past Chairman, Gems & Jewellery Export Promotion Council (GJEPC), sponsored by the Ministry of Commerce & Industry, Government of India; Chairman, Confederation of Indian Industry (CII), Rajasthan; Founder Chairman, Museum of Gems & Jewellery, Jaipur; and Past Chairman, Indian Institute of Gems & Jewellery, Jaipur (IIGJ Jaipur).

Rajiv Jain succeeds Vimal Chand Surana, who has served as the Chairman of JJS for the past 19 years. Under his visionary leadership, Jaipur Jewellery Show has evolved into one of India’s most respected and successful gem and jewellery exhibitions. In recognition of his distinguished service, exemplary leadership, and invaluable contribution to the growth of JJS, the Organizing Committee has unanimously named him as the Patron of Jaipur Jewellery Show.

Following these appointments, the Executive Committee of Jaipur Jewellery Show (JJS) is constituted as under: Vice Chairman,  Dinesh Khatoria; Secretary,  Kamal Kothari; Joint Secretary,  Ajay Kala; Joint Secretary,  Ashok Singhi; and Treasurer, Dr. Nawal Agrawal.

The members conveyed their heartfelt congratulations to Shri Rajiv Jain on his unanimous election as Chairman and expressed their confidence that, under his leadership, Jaipur Jewellery Show will continue to achieve new milestones while further strengthening its position as one of the country’s premier gem and jewellery exhibitions.

The Organizing Committee looks forward to the continued support and active cooperation of all Committee Members and Sub-Committee Members in carrying forward the vision and legacy of Jaipur Jewellery Show.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x