On Wednesday, January 7, Senco Gold’s shares jumped as much as 14% to an intraday high of Rs 369 as investors applauded the company’s solid Q3 business report and optimistic prognosis for the fourth quarter of FY26.
Building on growth of 6.5% and 28% in the previous two quarters, the jewelry manufacturer reported a 51% year-over-year increase in sales and revenue for the December quarter. The company reported in a regulatory filing on January 6 that sales and revenue for the first nine months of FY26 increased by 31% over the same period previous year.
Senco’s trailing twelve-month revenue has surpassed Rs 8,000 crore, demonstrating consistent yearly development, a devoted clientele, and improved brand positioning. A strong 39% increase in same-store sales and a 49% increase in retail business drove the Q3 performance.
Targeted seasonal promotions, the introduction of new designs, more consumer interaction during Dhanteras and Diwali, wedding-related purchases, and a change in demand from Q2 into the festive season all contributed to the robust momentum. Diamond jewelry sales increased by 34% over the nine-month period and by 36% year over year in Q3.
For investors, what comes next?
Senco stated that, in light of rising gold prices, it has successfully capitalized on high holiday demand in Q3 and is gradually optimizing its inventory toward lightweight and affordable solutions. In addition to aiming for 18–20% growth in the studded jewelry segment through carefully chosen collections, the firm stated that it is preparing for the Q4 wedding season, Valentine’s Day, International Women’s Day, and other regional holidays.
The company is still on schedule to launch 20 additional showrooms in FY26, according to management, who also expressed confidence in achieving over 25% year-over-year growth for the entire year, bolstered by the 31% growth seen in the first nine months.
