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Bloomberg Quint

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Image Credit: Bloomberg Quint

Senco Gold Business Update: Highest-Ever Q4 Revenue

  • Senco Gold Ltd.'s retail growth jumped 23% in Q4 despite rising gold prices.
  • The company posted the highest-ever Q4 revenue of over Rs 1,300 crore, with the total revenue growth for the fiscal crossing Rs 6,200 crore.
  • Wedding and festive demand drove the growth in footfalls and invoices, with the same-store-sales growth of 18.4% in Q4 and 14.6% in the fiscal.
  • Senco Gold achieved a 39% growth in diamond jewellery sales, with old gold contributing 40% to overall sales and up to 61% from non-Senco customers.

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