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PN Gadgil Jewellers Limited – Navratri & Dussehra sales update

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PN Gadgil Jewellers Limited reported record festive season sales of Rs 618 crore during Navratri and Dussehra, reflecting a strong 65% YoY growth over the previous year. Navratri contributed sales of 428 crore up by 66% YoY, while Dussehra alone delivered the company’s highest-ever single-day festive sales of 190 crore increased by 64% YoY. The Gold segment remained the key growth driver, with revenue rising 64% YoY, supported by healthy performance in Diamond by 47% and Silver up by 133%.

Despite gold prices surging over 50% YoY and 18% QoQ, demand stayed strong. Gold volume increased by 10% to 456 kg, while Diamond and Silver volumes grew by 53% and 64%, respectively.

Dr. Saurabh Gadgil, Chairman and Managing Director of P N Gadgil Jewellers, said: “Crossing record sales during Navratri and Dussehra, with Dussehra delivering our highest-ever single-day festive sales, is a proud milestone for PNG Jewellers. This milestone is the result of the festive spirit and the enduring bond we share with our customers. Gold once again emerged as the leader of growth, with Diamond and Silver also contributing significantly.

In line with the positive response to last Navratri’s ‘Nine Days, Nine Stores’ campaign, we brought PNG Jewellers even closer to our patrons this Navratri through 6 exclusive PNG Jewellers showrooms and 4 LiteStyle shop-in-shop stores, offering greater convenience and choice.

As we step into the festive season, our focus will remain on offering contemporary designs with the craftsmanship and service that PNG Jewellers is known for, while strengthening our presence across PAN India. We see this as a strong beginning to the festive quarter and are confident of building on this momentum”

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Candere expands Karnataka presence with Kengeri store opening

Lifestyle jewellery brand by Kalyan Jewellers strengthens Bengaluru footprint with modern retail experience and launch offers up to ₹35,000 off per carat.

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Candere, the lifestyle jewellery brand by Kalyan Jewellers known for its modern and trend-led designs, has expanded its retail presence in Karnataka with the launch of its newest store in Kengeri, Bengaluru. This new addition further reinforces the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers.

The Kengeri store represents Candere’s continued expansion in Karnataka, bringing its curated jewellery experience to one of the city’s rapidly developing residential and commercial neighbourhoods. The expansion strengthens the brand’s presence in key urban markets, catering to the growing demand for modern, design-led jewellery. Thoughtfully designed, the Kengeri store offers a contemporary retail environment complemented by personalised in-store assistance, reflecting Candere’s commitment to elegance, innovation, and an elevated shopping experience.

Known for its lightweight, versatile, and trend-forward jewellery, Candere appeals to Gen Z, working professionals, and style-conscious individuals looking for contemporary designs at accessible price points starting from Rs.10,000. Each piece is designed to help customers express their personal style through contemporary jewellery that blends seamlessly into everyday life.

To mark the launch of its new store, Candere is offering special promotions: Get up to Rs.35,000 off per carat + Rs.850 off per gram on making charges.

With the launch of its store in Kengeri, Candere continues to strengthen its omni-channel presence, integrating its digital expertise with a growing physical retail network. Supported by the heritage and trust of Kalyan Jewellers, the brand continues to enhance the jewellery-buying journey with a focus on transparency, ease, and customer relevance.

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