P N Gadgil Jewellers Limited – Q1 FY26 Quarterly update

09-07-2025 12:20 PM

Retail Segment
The retail segment, representing 70.3% of total revenue, achieved a steady 19.4% growth in Q1 FY26 as compared to Q1 FY25. The results reflect a cautious consumer environment and stable store-level operations.

Non-Retail Segments
E-commerce: With an increase of 126% compared to the same quarter in the previous financial year, this segment contributed 3.9% to total revenue, reflecting our successful digital expansion and increasing online customer engagement.

Franchisee Operations: This segment surged by 109% compared to the same quarter in the previous financial year, accounting for 15.7% of total revenue, driven by strong franchisee performance and broader market penetration.
Other: The Other segment, excluding refinery, contributed 10.1% of total revenue in Q1 FY26. It consists of B2B and corporate sales. As informed earlier, the refinery sales, which contributed 3,535 million in Q1 FY25, were discontinued effective October 1, 2024.
During the quarter under review, revenue excluding the refinery segment delivered a YoY growth of 30.4%.

Courtesy: AOJ Desk News

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