National News
Senco Gold Shares Rise as Q4 Profit Nearly Doubles to ₹94 Cr; EBITDA Margin Improves to 9.2%
Shares of Senco Gold rose 2.11% to ₹388.85 after the company posted a sharp rise in earnings for the fourth quarter ended March 2025. The company’s net profit nearly doubled — rising 94.1% year-on-year (YoY) to ₹94 crore — driven by strong revenue growth and improved operational performance. Revenue from operations for Q4 stood at ₹1,377.71 crore, up 21.1% compared to Q4 FY24.
Profit before tax (PBT) increased by 62.4% YoY to ₹85.08 crore, while EBITDA rose 44.8% to ₹127.01 crore. The EBITDA margin improved by 150 basis points to 9.2%, reflecting better cost efficiency and higher value sales.
Operating expenses for the quarter grew by 19.2% to ₹1,250.69 crore. The cost of materials consumed increased 21.6% to ₹1,146.46 crore, and employee benefit expenses rose 27.1% to ₹35.65 crore.
For the full fiscal year FY25, Senco reported a 20.7% increase in revenue to ₹6,328.07 crore. However, net profit declined by 12% to ₹159.31 crore due to a one-time impact from a customs duty cut in July 2024. Adjusted PAT for FY25 stood at ₹207.9 crore, a YoY growth of 10.1%.

Suvankar Sen, Managing Director & CEO, highlighted the company’s robust Q4 performance, with same-store sales growth (SSSG) at 18% and a 21% volume growth in diamond jewellery, which translated to a 38% rise in value terms. Company-owned outlets, contributing 64% of retail revenues, posted a 21% growth, while the franchise segment, contributing 36%, grew by 28% YoY.
The company opened five new showrooms in Q4, across COCO, FOCO, and FOFO models. Senco also saw a surge in old gold exchanges, which made up 40% of total sales, with 61% of that coming from new, non-Senco customers.
Senco Gold, a prominent national jewellery retailer, offers a wide range of products including gold, diamond, Polki, Platinum, Kundan, Jadau, silver, and both precious and semi-precious stones.
National News
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.
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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