The on-year growth includes retail business growth of around 49 per cent and same-store-sales-growth (SSSG) of around 39 per cent growth
Led by targeted festive campaigns, new design introductions and customer engagement during Dhanteras and Diwali and wedding buying, Senco Gold has clocked growth of 51 per cent year-on-year (YoY) in the third quarter of the current financial year (Q3FY26), in the backdrop of 6.5 per cent growth in Q2 and 28 per cent in Q1.
In a regulatory filing, the company noted that its trailing twelve months (TTM) revenue has already reached around Rs 8,000 crore, reflecting consistent on-year growth. The Q3 YoY growth includes retail business growth of around 49 per cent and same-store-sales-growth (SSSG) of around 39 per cent growth.
“We have successfully navigated the peak festive demand of Q3 and continue to optimise our inventory more towards a lightweight and budget-friendly product range due to rising gold prices. We are prepared for the upcoming Q4 wedding season, Valentine’s Day and International Women’s Day, and other local festivals and targeting growth in the studded category through curated collections with 18 to 20 per cent growth,” the company noted.
Diamond jewellery sales continued to maintain strong growth momentum in Q3 to around 36 per cent YoY growth and nine-month growth of around 34 per cent. The company opened four new franchise showrooms, taking the total showroom network to 196 (inclusive of eight Sennes and two international showrooms). During the nine-month period, it opened 11 franchises and five company-owned stores.
Gold prices continued to rise even in Q3FY26 with around 23 per cent quarter-on-quarter (QoQ) growth and around 65 per cent YoY (on average). The gold price range in Q3FY26 peaked at the highest ever level of Rs 1,40,000 per 10 gram, as against Rs 1,17,000 in Q2FY26 and Rs 79,800 in Q3 FY25, as per the statement.
