PNGS Reva Diamond Jewellery Limited has reported a 119.49% year-on-year increase in revenue from operations for the quarter ending June 30, 2026, as per the exchange filings.
The company's revenue reached ₹1,179.73 million, driven by strong consumer demand and strategic store expansion.
The company experienced a robust revenue growth of 119.49% YoY, including gold sales, and 122.35% YoY, excluding gold sales, in Q1 FY27. This growth was attributed to healthy consumer demand, strong volume growth, and festive buying during Akshaya Tritiya.
During this festival, the company recorded revenue of ₹127.27 million, compared to ₹34.63 million in the previous year, marking a 268% increase.
With the recent opening of a COCO store at Amanora Mall, PNGS Reva Diamond Jewellery's total store count has increased to 37. This includes 3 EBO/COCO stores and 34 SIS stores.
The company plans to open approximately 15 new COCO stores over the next 24 months, focusing on Tier 1 cities and selective expansion into Tier 2 cities and metro markets across Maharashtra and key North India markets.
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The revenue from operations included gold sales of ₹19.86 million for Q1 FY27, compared to ₹15.84 million for Q1 FY26. The gold sales relate to gold received from customers as part consideration for diamond jewellery purchases.
The company does not engage in gold bullion or commodity trading; the sale of gold is incidental and arises from the disposal of excess gold received from customers.
As of July 08, 2026, at 10:12 AM, PNGS Reva Diamond Jewellery share price on NSE was trading at ₹424.45, up by 2.81% from the previous closing price.
PNGS Reva Diamond Jewellery Limited reported a 119.49% YoY revenue growth in Q1 FY27, reaching ₹1,179.73 million. The company recorded a 268% increase in revenue during Akshaya Tritiya and expanded its store count to 37.
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Published on: Jul 8, 2026, 10:52 AM IST
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