Senco Gold shares surge up to 12% on strong Q3 business update, Q4 outlook

Shares of Senco Gold Ltd. gained as much as 12% on Wednesday, January 7, after the company released its business update for the third quarter and the first nine months of the financial year 2026.

Its sales and revenue increased 51% in the third quarter from the previous year, in the backdrop of 6.5% and 28% growth in the previous two quarters, respectively. In the first nine months of FY26, the same

metric grew by 31% from the same period last year.

It said its trailing twelve months revenue has already reached ₹8,000 crore, reflecting consistent annual growth, loyal customer base and brand positioning.

The December quarter growth included retail business growth of 49% and same store sales growth (SSSG) of 39%. The nine-month topline growth of 31% includes SSSG of 21%, it added.

This uplift was led by targeted festive campaigns, new design launches and intensive customer engagement during Dhanteras and Diwali, wedding buying and shift to demand of the second quarter to the festive season, it added.

Diamond jewellery sales also continued to maintain momentum in the third quarter, increasing 36% from the previous year and rising 34% in the first nine months of FY26.

Senco Gold launched four new franchise showrooms, taking the total to 196. In the nine months, it launched 11 franchises and five company-owned stores. The newly-opened franchise showrooms in the third quarter are located across Hazaribagh, Etawah, Burdwan and Bikaner, it said.

Gold prices continued to rise in the third quarter with 23% sequential growth and a 65% annual growth on an average, it said.

Senco Gold said it successfully navigated the peak festive demand in the December quarter and continued to optimise its inventory more towards a lightweight and budget-friendly product range due to rising gold prices.

It said it is prepared for the upcoming wedding season, Valentine's Day and International Women's Day in the fourth quarter and other local festivals. It is targeting growth in the studded category via curated collections with 18%-20% growth.

Senco Gold added that it is on course to achieve its annual target of 20 new showroom openings in FY26. It expects to launch another three to four showrooms under the company-owned company operated (COCO) and franchise-owned company operated (FOCO) models to achieve the milestone of 200 showrooms and it has a robust pipeline for the first half of next year.

It said it is confident of achieving over 25% growth for FY26, riding on31% increase in the nine-months, so far.

Senco Gold shares were up 11.6% at ₹360.75 apiece just after market open on Wednesday. The stock has declined 38% in the past year.

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