Mumbai: For Q3 FY26, the company’s revenue rose to Rupees 3,071 crore, up from Rupees 2,046 crore in the same period last year. Net profit leaped from Rupees 33.5 crore in Q3 FY25 to Rupees 264 crore in the latest quarter. On a sequential basis, revenue doubled from Rupees 1,536 crore in Q2 FY26, while PAT increased more than fivefold. The growth was largely driven by festive season sales, with October alone—coinciding with Dhanteras—bringing in a record Rupees 1,716 crore.
Sequential Growth Accelerates
Quarter-on-quarter, revenue growth stood at 100 percent, while EBITDA climbed 280 percent to Rupees 404.6 crore from Rupees 106.5 crore. Net profit rose 441 percent over Q2 levels. This performance was supported by rising gold prices (up 23 percent QoQ), increased Average Selling Price ( Rupees 60,270), and strategic focus on lightweight jewellery. Despite high gold rates, volume demand held firm thanks to customer-centric exchange schemes and daily design launches.
Design, Retail Expansion Drive Results
Senco added four new franchise showrooms in Q3, expanding its network to 196 outlets. It also launched over 6,000 new gold designs and 3,300 diamond designs during the quarter. Revenue from non-Eastern regions crossed Rupees 1,100 crore, signaling a strong national expansion. Franchise business contributed 33 percent of revenue, while same-store sales grew 21 percent YTD. The company also maintained inventory discipline despite a 55 percent YoY increase in gold prices.
Nine-Month Performance Shows Structural Strength
For 9M FY26, Senco Gold reported Rupees 6,433 crore in revenue, a 30 percent increase from Rupees 4,950 crore in 9M FY25. PAT rose over four times to Rupees 417.4 crore. Adjusted EBITDA for the nine months reached Rupees 694.7 crore, up from Rupees 298 crore a year ago. With this sustained financial momentum, the company is positioned strongly heading into the final quarter.
Disclaimer: This report is based on publicly disclosed financial results by Senco Gold. It is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell.
