Senco Gold Targets 30% Revenue Jump, Profit Doubling by FY26

• Senco Gold & Diamonds projects revenue to exceed Rs 8,000 crore by FY26, a 30% increase from the previous year.
• Net profit is anticipated to nearly double in FY26, following Rs 165.37 crore profit in FY25.
• Growth was fueled by a 40% jump in value despite a 10% drop in volumes, attributed to gold price volatility.
• The company plans to add 20 franchise-owned stores, mainly in northern India, to its 200 existing outlets.
• Geopolitical uncertainty has paused franchise expansion plans in the Gulf region, impacting engagement with partners in Saudi Arabia and Dubai.

Key Questions Answered

What impact will gold price volatility have?

Gold price volatility creates both caution and opportunity for investors.

Will Senco Gold expand internationally soon?

Senco Gold has put franchise expansion plans in the Gulf on hold due to geopolitical uncertainty.