Published
January 13, 2025
Senco Gold & Diamonds reported a 22 percent year-on-year revenue growth for the third quarter and 19 percent year-on-year growth for the first nine months ended December 2025.
The company registered its highest ever sales of Rs 1,000 crore ($116.3 million) in single month in October 2024 and Rs 2,000 crore in a single quarter in Q3 2025 with strong sales from tier 3, 4 cities.
Senco Gold has incorporated a new wholly owned subsidiary ‘Sennes’ as a value creation strategy. The business will focus on consumer lifestyle segment which presently includes premium leather accessorises, lab grown diamonds jewelleries and perfumes.
“We are continuing to invest in marketing, inventory build-up and customer engagement programmes to promote and elevate the stud ratio specially in the northern markets,” Senco Gold said its quarterly business update.
“We are committed to open 18-20 jewellery showrooms this year, including 10-12 franchise outlets and on track to achieve annual target,” it added.
During the quarter, the company opened 4 new showrooms to end the quarter with a showroom portfolio of 170 (including 69 franchisee showrooms).
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