Senco Gold opens 8 stores in Q1FY27, targets 12-15 more; standalone revenue up ~60%
Senco Gold reached 208 outlets after adding 8 showrooms in Q1FY27, with plans for 12-15 more this fiscal. Standalone revenue rose ~60% and SSSG hit 38% on festive demand, though margins face pressure from a customs duty hike (6% to 15%) and heavy discounting.
Senco Gold opened 8 showrooms in Q1FY27, reaching 208 outlets, targeting 12-15 more this year. Standalone revenue rose ~60%, SSSG 38%, driven by festive demand, though margins face pressure from higher customs duty and discounting.
Why this matters
Reinforces Senco Gold's aggressive FY27 expansion following its Q1 revenue jump of 60% and 38% SSSG on festive demand, with the 8 new showrooms bringing the network to 208 stores.
Store-opening activity remains steady with 584 signals tracked over the past 90 days.