Malabar Gold eyes Rs 78,000 cr revenue, 400th store milestone and FY28 IPO
Malabar Gold and Diamonds expects double-digit H2 FY26 growth on festive and rural demand, targeting a 20% revenue jump to Rs 78,000 crore. The retailer crossed its 400th store, is expanding overseas with a NZD 75 million New Zealand bet (3 showrooms) and a second UK store, and is prepping a 2027-28 IPO.
Malabar Gold expects strong H2 FY26 growth on festive and rural demand, targeting Rs 78,000 crore revenue. It opened its 400th store, plans NZ and UK expansion, and is preparing for a 2027-28 IPO.