PNGS Reva Diamond Jewellery Reports Over 139% Revenue Surge in Q4 FY26
PNGS Reva Diamond Jewellery gains as Q4 revenue surges over twofold
Business Standard
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PNGS Reva Diamond Jewellery's revenue from operations soared by 139.07% to ₹138.2 crore in Q4 FY26, driven by increased consumer demand and strong sales during festive seasons. The company plans to expand its store presence with 15 new COCO stores over the next two years, enhancing its market reach.
- 01Revenue from operations increased by 139.07% year-on-year in Q4 FY26.
- 02The company recorded ₹138.2 crore in revenue, up from ₹57.81 crore in Q4 FY25.
- 03Sales during Gudhi Padwa grew to ₹7.0 crore, a 2.5x increase from the previous year.
- 04PNGS plans to open 15 new COCO stores in the next 24 months.
- 05Net profit rose over 12 times to ₹23.11 crore in Q3 FY26 from ₹1.83 crore in Q3 FY25.
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PNGS Reva Diamond Jewellery witnessed a remarkable revenue growth of 139.07% in Q4 FY26, reaching ₹138.2 crore, compared to ₹57.81 crore in the same quarter last year. This surge is attributed to heightened consumer demand and successful sales during key festive periods, including a 2.5x increase in sales during Gudhi Padwa, which totaled ₹7.0 crore. The company's strategy includes expanding its footprint with plans to open 15 new company-owned and company-operated (COCO) stores over the next two years, supported by proceeds from its Initial Public Offering (IPO). As of March 2026, PNGS operates 36 stores across various formats, including 2 COCO stores and 34 shop-in-shop (SIS) locations, primarily in Maharashtra. The company also reported a significant increase in net profit, which rose to ₹23.11 crore in Q3 FY26, up from ₹1.83 crore in Q3 FY25, demonstrating its strong market position and operational efficiency.
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The company's expansion plans and strong revenue growth could lead to increased job opportunities and enhanced consumer choices in the diamond jewellery market.
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