Senco Gold shares rally 12% as firm posts 29% revenue growth for Sept quarter; check all Q2 business updates

The Kolkata-headquartered firm noted that the revenue growth was supported by 19% growth from existing stores (SSSG growth). “We also achieved the highest-ever topline of ₹5,000 Cr+ in H1 and a coveted landmark of ₹10,000 crore sales on a TTM basis,” Senco Gold said.

During Q2, the firm said consumer demand remained buoyant, supported by the structural strength of jewellery consumption, festive demand and increasing preference for lightweight jewellery. Senco Gold further said that its business continues to demonstrate strong resilience despite gold price volatility movements between ₹1,40,000 to ₹1,50,000 per 10 grams in line with Q1 existing prices.

In the reporting quarter, gold prices remained elevated and volatile. It was almost 28% higher year-on-year (YoY), while sequentially there was insignificant change.

“Q2 FY27 delivered robust revenue and SSSG growth, supported by a favourable festive calendar spanning Ratha Yatra, Rakhi, Janmashtami, Onam, Ganesh Chaturthi and Independence Day, as well as mixed monsoon. Moreover, shifting the impact of Pitri Paksha to Q3 (only 4 days in Q2 as against 15 days last year) also led to improvement in Q2 sales,” said Senco Gold.

In the September quarter, the jewellery company launched six more showrooms, taking H1 additions to 14 and the total network to 215 showrooms. With a strong pipeline of both COCO and franchisee stores, Senco Gold expects to launch another 10–12 showrooms in H2, further strengthening our pan-India network.

Outlook for Q3 FY27 and H2

In the next quarter (Q3 FY27), Senco Gold said it expects to witness strong seasonal demand, supported by the underlying affinity for gold fuelled by wedding demand (~1.35 crore weddings in CY26), which it said is mostly price inelastic. The company also expects the favourable festive calendar, which includes Dhanteras, Diwali, Durga Puja, Karwa Chauth, Chhath Puja, and Christmas, to support demand.

“With the monsoon season now behind us, improving rural sentiment, the festive season and the upcoming wedding calendar are expected to provide a more supportive demand environment in H2. The underlying, with wedding and festive demand providing resilience,” said Senco Gold.

The firm further said the underlying jewellery consumption opportunity remains strong, with elevated gold prices creating affordability and working-capital challenges but also offering organised players an opportunity to gain market share through strong brands, sourcing capabilities, exchange programmes and disciplined inventory management.

Senco Gold share price trends

At 10:38 AM, Senco Gold shares were seen at ₹344.3 apiece on the National Stock Exchange, rising 7.39%.

From the beginning of the year, Senco Gold shares have gained over 8%. Over a month’s time, the stock has slipped 5%, while it has climbed more than 3% in the past six months.

Shares of the company had touched their one-year high of ₹430 apiece on July 27, 2026, while their 52-week low of ₹276 was hit on March 30, 2026.

Senco Gold has a total market capitalisation of ₹5,643.11 crore as of October 7, 2026, according to data on the NSE.