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Bloomberg Quint

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PNG Jewellers Targets 27–30% Value Growth In FY26

  • PNG Jewellers is aiming for a value growth of 27-30% in FY26, with Chairperson Saurabh Gadgil expressing optimism about the industry sentiment and investment demand.
  • Despite high prices, the company reported a consolidated net profit increase of 13% to Rs 62 crore in the fourth quarter of fiscal 2025, with revenue up by 5% to Rs 1,588 crore.
  • PNG Jewellers noted a same-store sales growth of over 26% and achieved a record-breaking single-day sale of Rs 135 crore during Gudi Padwa.
  • The company saw a shift towards organised retail, with jewellery dominating 70% of revenue and bullion sales contributing 30%. Shares closed 4.26% lower at Rs 543.4 apiece on Friday.

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