Senco Gold Q3 FY26 Business Update: 51% YoY Growth, TTM Revenue Near ₹8,000 Crore; Store Network Expands to 196

Kolkata, January 7, 2026: Senco Gold Limited (NSE: SENCO | BSE: 543936) reported a sharp acceleration in business momentum during the December quarter, posting a robust 51 percent year-on-year growth in Q3 FY26, supported by strong festive demand, higher same-store sales growth, and continued expansion of its showroom network.

Strong Q3 and 9M FY26 Performance​

On a standalone basis, the company delivered approximately 31 percent year-on-year revenue growth during the first nine months of FY26, aided by a steady pickup from Q1 and Q2 and a significant festive-led surge in Q3. Trailing twelve-month revenue has now reached close to ₹8,000 crore, reflecting consistent customer traction and brand strength.

Key Operating Metrics​

The Q3 performance was driven by focused festive campaigns around Dhanteras and Diwali, strong wedding-related buying, new design launches, and a shift in deferred demand from Q2. Diamond jewellery continued to gain share, delivering strong double-digit growth across both the quarter and the nine-month period.

Store Network Expansion Continues​

Senco Gold added four new franchise showrooms during Q3 FY26, taking its total showroom count to 196, including eight Sennes formats and two international stores.

Store Network Snapshot​

The newly launched Q3 franchise stores are located in Hazaribagh (Jharkhand), Etawah (Uttar Pradesh), Burdwan (West Bengal), and Bikaner (Rajasthan). Expansion into Bikaner and earlier entry into Nagpur highlight the growing acceptance of Senco’s franchise-led growth model beyond its traditional eastern markets.

Gold Price Environment and Demand Trends​

Gold prices remained elevated during Q3 FY26, rising approximately 23 percent quarter-on-quarter and around 65 percent year-on-year on an average basis. Prices touched record highs of nearly ₹1,40,000 per 10 grams during the quarter, compared with ₹1,17,000 in Q2 FY26 and ₹79,800 in Q3 FY25.
While higher prices moderated volume growth, demand remained supported by investment-led buying, global central bank demand, and sustained consumer interest during the festive and wedding season.

Outlook for Q4 and FY26​

The company indicated that it has successfully managed the festive season and is optimising inventory towards lightweight and budget-friendly jewellery to address elevated gold prices. Senco Gold is preparing for the Q4 wedding season, Valentine’s Day, International Women’s Day, and regional festivals, while targeting higher traction in studded jewellery through curated collections.
Management remains confident of achieving over 25 percent year-on-year growth in FY26, supported by the strong nine-month performance and a continued focus on store expansion.

Expansion Guidance​

The company expects to reach the milestone of 200 showrooms during FY26 and has indicated a healthy pipeline for further expansion in the first half of the next financial year.

Management Commentary​

Sanjay Banka, Group CFO and Head of Investor Relations, said the company’s performance reflects disciplined execution, strong festive demand, and growing acceptance of its product portfolio and franchise model across newer markets.

About the Company​

Senco Gold Limited is one of India’s leading jewellery retailers, engaged in the design, manufacture, and retail of gold, diamond, platinum, and silver jewellery. The company operates a pan-India showroom network across company-owned and franchise formats, with a strong presence in eastern India and expanding footprint across new regions. The shares of the company are listed on the NSE and BSE.

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