Senco Gold's 6% rally resurfaces from strong Q1FY27 update; old gold exchange fueled 43% of sales
Senco Gold's Q1FY27 update, resurfacing from early July, had driven a 6% share rally: standalone revenue up 60% Y-o-Y, retail revenue up 48%, and same-store sales growth of 38%. The chain grew to 208 outlets after adding 7 net stores (8 openings) in the quarter, with old gold exchange contributing ~43% of sales. Management had targeted 12-15 more stores in FY27, leaning on a franchise-led expansion model.
Jewellery retailer Senco Gold's shares rose 6% after a strong Q1FY27 update: 60% revenue growth, 38% same-store sales growth, and 208 stores. Old gold exchange drove 43% of sales; expansion to lean on franchise model.