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P N Gadgil Jewellers’ revenue jumps over two-fold in March quarter

The company added 8 COCO stores (3 Legacy and 5 LiteStyle) and 4 FOCO (1 Legacy and 3 LiteStyle) during the quarter

P N Gadgil Jewellers has reported over two-fold jump in its revenue at Rs 3,552 crore in the fourth quarter ended March 31, 2026 (Q4FY26) as compared to Rs 1,587 crore in the same quarter last fiscal (Q4FY25). The Retail segment of the company has recorded 102% Year-on-Year growth in Q4FY26, driven by strong demand during the wedding and festive season. Further, the company’s Franchise Operations grew by 132% Year-on-Year, while E-commerce recorded a 67% Year-on-Year increase.

During the quarter, the company added 8 COCO stores (3 Legacy and 5 LiteStyle) and 4 FOCO (1 Legacy and 3 LiteStyle), taking the total store count to 78 as of March 31, 2026, comprising 57 COCO stores (48 Legacy and 9 LiteStyle) and 21 FOCO (17 Legacy and 4 LiteStyle). The expansion included strengthening its presence in Maharashtra and entering new markets in Uttar Pradesh through store openings in Gorakhpur and Varanasi. Additionally, the company is planning to open 25 new stores in FY27, with a strong strategic focus on scaling franchise formats, alongside company-owned stores. This is expected to take its total store count to 103 by the end of the FY27.

P N Gadgil Jewellers offers a wide range of precious metal/ jewellery products, including gold, silver, platinum and diamond jewellery under its brand name 'PNG' in various price ranges and designs.