Gems & Jewellery company Senco Gold announced Q1FY26 results Total income of Rs 1,826.2 crore in Q1FY26 (consolidated), reflecting a 30.0% YoY growth compared to Q1FY25 and a 32.6% sequential (QoQ) growth. EBITDA grew to Rs 183.5 crore, with remarkable growth of 68.8% YoY and 44.5% QoQ. EBITDA margin improved substantially to 10% as against 9.2% in Q4 FY25 and 7.7% in Q1FY25 YoY. PAT, which grew to Rs 104.7 crore, recording 2x growth YoY and 67.6% growth QoQ. PAT Margin: 5.7% for Q1FY26. Suvankar Sen, Managing Director & CEO, Senco Gold, said: I am pleased to announce that we have started the FY26 on an exceptionally strong footing. The quarter was also marked by continued geopolitical tensions, tariff war, as well as a huge rise in gold price by 32% YoY and 5% QoQ. Consumer demand remained elevated, enabling us to deliver robust topline growth and achieve our highest-ever Q1 retail performance. In Q1, 10 new showrooms were added to the network, comprising 5 COCO (including 1 Sennes store), 1 FOCO, and 4 FOFO formats. The strong momentum was significantly fuelled by a favourable festival like Akshay Tritiya and Poila Baishakh, driving our success. In the retail segment, COCO showrooms, contributing 63% to the overall retail revenue, registered a 25% growth in Q1. The FOFO business, which accounts for the remaining 37%, grew by a strong 34% during the same period. Our old gold exchange program ensures that the price rise impact was mitigated, ensuring continued demand. We welcome the Bureau of Indian Standards’ move to bring 9-karat gold jewellery under hallmarking, a smart push for clarity and consumer trust in more affordable jewellery options. This regulatory update not only boosts transparency but also incentivises design innovation and growth in the 9, 14 & 18 carat segments. This quarter, we launched over 11,400 new jewellery designs and opened 10 new showrooms, including a pioneering store at the Andheri Metro station in Mumbai. This expands our footprint to 185 showrooms across the country. We expanded our franchise model to Nagpur, marking a successful journey in central Maharashtra. We remain confident that, given our long-term strategy and strategic calibrations, we are well-positioned to deliver 18%-20% revenue growth, 6.8%-7.2% EBITDA Margin and 3.7%-4.0% PAT Margin. Sanjay Banka (Group CFO & Head IR), said: Senco Gold Ltd reported a total income of Rs 1,826.2 crore in Q1FY26 (consolidated), reflecting a 30.0% YoY growth compared to Q1FY25 and a 32.6% sequential (QoQ) growth and SSSG stood at an impressive 19.6%. EBITDA grew to Rs 183.5 crores (EBITDA Margin 10%), with remarkable growth of 68.8% YoY and 44.5% QoQ. The EBITDA margin improved substantially to 10% as against 9.2% in Q4 FY25 and 7.7% in Q1FY25 YoY, which was primarily driven by higher diamond jewellery sales, improved product mix as we are consistently improving our hyperlocal jewellery outside East and improved realisation due to gold price rise. OPEX has been maintained under tight vigil, leading to operating leverage, which has resulted in the improved EBITDA margin. We also achieved substantial improvement in PAT, which grew to Rs 104.7 crore, recording 2x growth YoY and 67.6% growth QoQ. The three subsidiaries also reported modest growth in topline and improvement in bottom line, and at a consolidated level, the subsidiary PAT impact was incremental of Rs 1.30 crore. Result PDF