PN Gadgil Jewellers has recorded highest-ever single day festive sales of Rs 139.53 crore on the occasion of Akshaya Tritiya, reflecting a growth of around 35% over the previous year’s revenue of Rs 103.26 crore. In value terms, gold segment revenue grew by 34% year-over-year, while the Diamond & Silver grew by 23% and 114% respectively.
From the volume perspective, the gold segment saw a 1.46% increase in quantity, reaching 122 kg compared to 120.24 kg in the previous year, while diamond and silver volumes surged by 31% and 90%, respectively. Gold prices increased by nearly 31%, which led to a moderation in volume growth; however, overall volume remain higher than the same period last year.
PN 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.