National News
PNGS Gargi Fashion Jewellery Ltd had a great first quarter of FY26, with sales up 20.4% to ₹27.31cr
PNGS Gargi Fashion Jewellery Ltd reported a strong Q1 FY26, with sales up 20.4% to ₹27.31 crore and net profit rising 29.3% to ₹5.31 crore, driven by its successful shift from a FOCO to FOFO model for SIS locations with P. N. Gadgil & Sons.
PNGS Gargi Fashion Jewellery Ltd announced a highly successful first quarter of FY26, marked by a 20.4% increase in sales to ₹27.31 crore and a substantial 29.3% rise in net profit to ₹5.31 crore compared to the previous quarter. The company attributes this strong financial performance to its strategic business model change, specifically the successful transition of its Shop in Shop (SIS) locations with P. N. Gadgil & Sons from a FOCO to a FOFO model.
The company also highlighted its operational efficiency, a vast product portfolio of over 15,000 SKUs, and an expanding retail network of 98 touchpoints. Looking forward, the company is in a strong position with a debt-free status. It plans to use a proposed preferential issue to accelerate retail growth, invest in design and new product categories, and improve its digital and manufacturing infrastructure.
The release also points to a successful “Monsoon Offer” marketing campaign that saw a 35% increase in customer response, demonstrating effective marketing strategies. The company is actively focused on geographical expansion, product innovation, and digital integration to leverage the growth opportunities in the Indian fashion jewelry market.
National News
Kalyan Jewellers Celebrates ‘Bangaliana’ with Soulful Poila Boishakh Campaign
Celebrating Bengal’s Heritage, The Campaign Blends Nostalgia, Tradition, and Craftsmanship Through Storytelling and Timeless Jewellery
Kalyan Jewellers, one of India’s most trusted jewellery brands, has unveiled a new digital campaign to mark Poila Boishakh, the Bengali New Year. Featuring actress Ritabhari Chakraborty, the film is a heartfelt ode to Bengal’s cultural identity, bringing together nostalgia, craftsmanship and the enduring legacy of traditions passed down through generations.
At the heart of the film is a tender interaction between Ritabhari and a young boy, centred around the iconic ‘Talpatar Sepai,’ a traditional palm-leaf toy that reflects Bengal’s artistic roots. As the moment unfolds, the toy becomes a subtle symbol of the region’s craftsmanship and cultural memory, drawing a connection between childhood nostalgia and the finesse of handcrafted gold jewellery. The narrative then moves to a poignant moment where an elder presents a gold necklace, capturing the emotional value of jewellery in Bengali households, where each piece is not just worn, but cherished as a symbol of love, tradition and continuity. It reflects how jewellery often carries personal histories, passed down through generations as an enduring link between the past and the present.
Built around the theme “Oitijhyer Choway Notuner Boron” (welcoming the new with a touch of tradition), the campaign reinforces Kalyan Jewellers’ positioning at the intersection of cultural legacy and contemporary relevance. The brand also showcases a curated range of traditional designs inspired by Bengal’s intricate craftsmanship and grand aesthetic sensibilities.
Reinforcing its commitment to trust and transparency, Kalyan Jewellers continues to offer its signature 4-Level Assurance Certificate, ensuring purity certification, lifetime maintenance, transparent product details, and secure buy-back policies. This initiative provides customers with complete confidence during the auspicious gold-buying season.
With this campaign, Kalyan Jewellers invites consumers to celebrate the spirit of Poila Boishakh by embracing jewellery not just as adornment, but as a living expression of heritage and storytelling.
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