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Senco Gold total revenue climbs 28% YoY in Q1

Senco Gold climbed by 5% at Rs 367.55 after the company reported a 28% year-on-year growth in total revenue during the April-June quarter, supported by festivals that significantly boosted footfalls across showrooms.

Retail revenue grew by 24% year-on-year, while same-store sales growth stood at 19%, indicating strong operational performance at the store level. Senco also reported a 10% growth in both invoice count and SKUs sold, reflecting increased customer engagement and higher value purchases.

Diamond jewellery maintained its momentum from the previous quarter, registering approximately 35% volume growth. Gold coin and bullion sales remained a minor portion of the overall business, contributing around 4.5% of total sales, up from 3% last fiscal year.

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