Shares of jewellery retail chain Senco Gold hit the upper circuit on 9th April after the company released its fourth-quarter business update. The stock rose 5% to ₹318.25 apiece, its upper circuit mark, on the National Stock Exchange (NSE).
The Kolkata-based jewellery retailer reported a 23% year-on-year (YoY) retail growth despite rising gold prices in the January-March quarter of FY25, due to a robust wedding season. The company posted its highest-ever fourth-quarter revenue, exceeding ₹1,300 crore. For FY25, the company’s full-year topline crossed ₹6,200 crore, reflecting a 19.4% YoY growth in retail sales and a 14.6% same-store sales growth (SSSG).
On Q1 FY26 outlook, the company said, “We are confident of a very strong start to FY26, fuelled by robust demand during Poila Baisakh, Akshaya Tritiya, and the continued momentum in the wedding season—all expected to significantly boost Q1 FY26 sales. The price reduction in last week is likely to propel demand in Q1, supported by increasing consumer purchasing power. We plan to open 5-7 new stores (in line with our plan for 20-22 new stores- own and franchisee both during FY 26) to further strengthen our market presence.”