PNG Jewellers reports 25.9% annual growth driven by strong Q4 performance and e-commerce surge
PNG Jewellers experienced a 5.1% increase in consolidated revenue in Q4 FY25, contributing to a 25.9% full-year growth. The retail segment surged by 50%, while e-commerce more than doubled, and franchisee operations grew by 37.2%. The company anti...
The retail segment of the company representing 81.5 per cent of total revenue, achieved a 50 per cent growth in Q4 FY 25 as compared to Q4 FY2024. Business from the e-commerce segment has grown more than two-fold compared to the same quarter in the previous financial year. This segment contributed 5.7% to total revenue. The franchisee operations segment of the jeweller surged by 37.2 per cent compared to the same quarter in the previous financial year, accounting for 11.7% of total revenue, driven by strong franchisee performance and broader market penetration.
This year, the company claims to have achievedthe highest-ever single-day festive sales on Gudi Padwa, amounting to Rs123.5 crore, with a remarkable 40.4% increase over last year.
PNG Jewellers anticipates a strong FY 26, fuelled by good demand starting with Akshaya Tritiya and the continued strength of the wedding season, both of which are expected to drive significant sales in Q1 FY 26. Additionally, strong consumer demand driven by increasing purchasing power and shifting consumer presence will continue to fuel growth.
The jeweller plans to launch 20-25 new stores in FY26 while expanding its footprint in Uttar Pradesh and other regions.
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