P N Gadgil Jewellers posted consolidated revenue from operations of ₹21.78 billion and net profit after tax of ₹793.1 million for Q2 FY26. The growth was driven by robust festive season sales, strategic store expansions, and strong performance across retail and e-commerce segments.
P N Gadgil Jewellers Limited announced its consolidated Q2 FY26 results, showcasing solid financial performance amid a busy festive quarter. The company's revenue from operations reached ₹21.78 billion (₹2178 crore), reflecting healthy growth fueled by increased customer demand and wider retail footprint expansion.
The net profit for the quarter stood at ₹793.1 million (₹79.31 crore), marking a substantial year-over-year increase of approximately 127%, highlighting effective cost management and operational leverage. Earnings per share increased significantly to ₹5.84 from ₹2.57 in the previous year’s quarter.
Strong festive season demand, coupled with successful execution of brand-led campaigns such as the Mangalsutra Mahotsav and Painjan Mahotsav, underpinned the revenue growth. The company expanded its store network with multiple new outlets across Maharashtra and key emerging markets including Madhya Pradesh and Uttar Pradesh, while also growing its digital sales with e-commerce revenue surging by over 100%.
Key Highlights
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Consolidated revenue from operations at ₹21.78 billion, up 9% year-over-year
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Consolidated net profit jumps 127% YoY to ₹793.1 million
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Strong festive season sales and successful brand campaigns boost performance
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Earnings per share rose to ₹5.84 from ₹2.57
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Expanded store network with new outlets in Maharashtra, Madhya Pradesh, and UP
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E-commerce revenue surges over 100%, reflecting digital expansion
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Continued focus on retail and franchise growth strengthening market presence
P N Gadgil Jewellers continues its strategic growth trajectory, leveraging festive season demand and digital initiatives to enhance its position in the highly competitive jewellery sector.
Source: Angel One, Moneycontrol, Business Standard