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PNGS Reva Diamond Jewellery gains on strong Akshay Tritiya sales

20-Apr-26 14:50Hrs IST

Revenue for the day (19 April 2026) stood at Rs 127.27 million (Rs 12.72 crore), compared with Rs 34.63 million (Rs 3.46 crore) recorded on the same occasion last year, registering a 2.67 times year-on-year growth.

The company said the performance builds on its recent momentum, including strong sales during Gudhi Padwa and a 96.9% year-on-year rise in revenue reported for Q4 FY26.

Newly launched stores also contributed to the growth. Two exclusive brand outlets (EBOs) in Pune'located at Wakad and Paud Road'celebrated their first Akshay Tritiya since launch and together generated revenue of Rs 6.87 million, indicating healthy consumer traction in these markets.

As of date, the company operates a total of 36 stores, comprising 2 exclusive brand outlets/company-owned company-operated (COCO) stores and 34 shop-in-shop (SIS) outlets.

PNGS Reva Diamond Jewellery is a focused diamond jewellery retailer backed by the legacy of the P N Gadgil & Sons Group. The company currently operates across 36 locations, comprising a mix of SIS (Shop-in-Shop) formats and COCO stores, with a strong presence in Maharashtra and a growing footprint in select markets, supported by its established brand recall, strong management, sourcing capabilities and domain expertise in studded jewellery.

The company's consolidated net profit stood at Rs 23.11 crore in Q3 FY26, rising over 12 times from Rs 1.83 crore in Q3 FY25. Revenue from operations jumped nearly 22 times to Rs 144.18 crore in Q3 FY26 from Rs 6.65 crore a year ago.

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