Senco Gold holds FY27 growth guidance despite import duty hike
Jeweller flags resilient demand, a strong wedding-season pipeline and steady SSSG as offsets to higher gold import duty. Pass-through pricing and hedging cushion margins, while store expansion and product-mix gains anchor the FY27 revenue trajectory.
What happened
Senco Gold retains FY27 revenue growth guidance despite higher gold import duty, citing resilient demand, strong wedding-season pipeline, steady SSSG,
Why this matters
Sustained growth confidence and store expansion runway position Senco to consolidate regional jewellers or acquire design-led brands to deepen mix gains.