National News
Senco Gold’s strong performance drives optimism for Q1 FY26, posts revenue growth of 19.1%
Senco Gold Ltd., a prominent player in India’s jewellery retail market, witnessed a significant surge in its stock prices—rising by 5%—following the company’s optimistic guidance for the first quarter of FY26. This uptick in investor sentiment comes in the wake of a robust business update shared by the company on April 8, 2025, highlighting its strong performance in the fourth quarter and the entire fiscal year of 2025.
The company reported an exceptional surge in demand during the wedding season in the March quarter, which translated into a 23% increase in retail growth and an 18.4% rise in same-store sales (SSSG) compared to the same period last year. This growth was achieved despite rising gold prices, underscoring the resilience of consumer demand and the strength of Senco Gold’s brand presence. Notably, the company recorded its highest-ever fourth-quarter revenue, exceeding ₹1,300 crore.
The financials also revealed notable trends in the gold market. Gold prices rose by 11% sequentially and surged 33% year-over-year. In just six months, prices climbed by 19%, which could have posed challenges for consumer spending. However, Senco Gold managed to maintain its upward trajectory, demonstrating its ability to adapt and thrive amid market volatility.
For the full fiscal year, Senco Gold posted a revenue growth of 19.1%, while its diamond jewellery segment recorded a healthy 14.1% year-on-year increase. Particularly impressive was the growth from tier-3 and tier-4 towns, which outpaced that of metropolitan and tier-2 cities—highlighting the brand’s expanding reach into India’s smaller urban centres. The company noted that coin and bullion sales remained a minor component, comprising less than 4% of total gold sold.
In terms of physical expansion, Senco Gold continued to strengthen its retail footprint. During the fourth quarter alone, it launched four new showrooms in West Bengal and Uttar Pradesh, operating under both franchisee and Company-Owned-Company-Operated (COCO) models. Over the full fiscal year, 15 new showrooms were inaugurated, including six franchisee outlets. The company now operates 175 showrooms, with 72 franchisees and an international presence through one showroom in Dubai.
The studded jewellery segment also witnessed slight growth, with the studded ratio increasing to 10.9% for the year, up from 10.5% in the first nine months. This suggests a gradual yet consistent rise in consumer preference for more ornate and value-added products.
In summary, Senco Gold’s performance in FY25, marked by strong revenue growth, resilient demand, and strategic expansion, paints a promising picture for the company’s prospects in FY26. As the company continues to build on its strengths and broaden its reach, especially in non-metro regions, it is well-positioned to maintain momentum in the evolving Indian jewellery market.
National News
Zi Launches As A Modern Indian Design House Redefining Everyday Luxury
The New Jewellery Brand Makes Its Debut With 925 Sterling Silver, With An Expanding Design Vocabulary Across Titanium, Gold and Lab-Grown Diamonds
Zi, a new Indian design house, has launched with its debut collection of 925 sterling silver jewellery, bringing contemporary, everyday designs to a category traditionally shaped around occasion and ceremony. Starting at Rs 3,500, the collection marks the first chapter of Zi’s ambition to build a modern jewellery house where luxury is defined by design, material and wearability rather than spectacle.
Zi begins with a simple shift in how jewellery is approached: pieces need not be saved for a particular occasion. Its debut collection is designed to become part of an everyday wardrobe, with clean forms, considered detailing and versatile silhouettes that can be worn repeatedly, styled differently and carried across settings.



The collection is divided into three edits: Staple Edits, featuring everyday essentials; Forever Favourites, comprising versatile pieces designed for repeat wear; and Evening Elegance, bringing a more elevated expression to after-dark and occasion dressing. Across the edits, the pieces are designed to work independently or together, allowing customers to build a personal jewellery wardrobe rather than buy around individual occasions.
925 sterling silver forms the foundation of the launch, chosen for its versatility and as the starting point for Zi’s design language. The collection also incorporates other considered metals across select designs and is finished with premium rhodium plating. The jewellery is nickel- and lead-free, with a focus on material quality, finish and everyday wearability.
But silver is only the beginning for Zi. The brand is developing its next phase around more considered, design-led jewellery, including upcoming collections such as The Classics and The Atelier. These collections will build on the restraint of the debut while introducing greater depth and design expression, expanding the idea of what everyday luxury can look like over time.
The house is also developing jewellery across a broader material palette, including titanium fused with gold and lab-grown diamonds. Each material has been selected for a distinct role: titanium for its strength and lightness, gold for its warmth, and lab-grown diamonds as a contemporary interpretation of an established luxury material. The move reflects Zi’s intent to build a design house with a considered material philosophy, rather than remain defined by a single category or metal.
Beyond jewellery, Zi is exploring future lifestyle categories, with design continuing to anchor the brand’s approach. The long-term ambition is to create a design-led house that evolves across materials, products and categories while maintaining a consistent point of view.
The debut collection is available exclusively through Zi’s online platform from 24 August 2026, with prices starting at Rs 3,500.
With its launch, Zi is introducing a different proposition to India’s jewellery landscape: luxury designed not only for the moments that call for it, but for the everyday ones that make up a life. The debut in silver is the starting point; the larger ambition is to build a house with a design language that can evolve with the way modern India wears luxury.
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