Poonawalla Fincorp Marks Gold Loan Market Entry, Eyes 400 Branches
The new offering aims to cater to diverse financial needs such as business expansion, agriculture costs and personal expenses
The new offering aims to cater to diverse financial needs such as business expansion, agriculture costs and personal expenses
With over 62 per cent share in FY24, the market is currently dominated by the unorganised jewellers
The company recorded a total revenue growth of 19.1 per cent in Q4FY25 on a year-on-year (YoY) and standalone basis
The company states that its retail segment achieved a 50 per cent on-year growth in the fourth quarter of the fiscal year 2025 (Q4FY25)
The store features lab-grown diamonds and Polki jewellery, offering a range of engagement rings, bridal sets, everyday wear and statement pieces
The company plans to open 170 showrooms across Kalyan and Candere formats in the current financial year (FY26)
The report states that India has strategic advantages that make it a natural hub for lab-grown diamond production and export
The report states that higher GML rates are likely to impact the net margins and cash flows of gold jewellery retailers in the next financial year (FY26)
The fragrance-exclusive store at Nexus Mall is a part of the strategic expansion of SSBeauty by Shoppers Stop
The company states that it aims to achieve Rs 500 crore in revenue by 2028