Archive · 15 Dec 2025
Joyalukkas Plans ₹3,600 Crore Expansion by FY27
Joyalukkas, a big jewellery company, is going to spend ₹3,600 crore to open 40 new stores by the next financial year.
This will make their total number of stores 230.
Some of these new stores will be in new countries like New Zealand and Canada.
The company thinks their money from sales will grow to ₹35,000 crore next year and ₹41,000 crore the year after.
They are also going to hire more people, making their total employees about 13,000.
Even though gold prices are high, the company is doing well by selling more expensive and lighter jewellery.
They are also helping people by building homes and old age homes.
Plus, they ordered a fancy new airplane for ₹350 crore.
Joyalukkas plans to invest ₹3,600 crore to open 40 new showrooms by FY27.
The expansion includes 15 overseas outlets in new markets like New Zealand and Canada.
Total showroom count will increase to 230 from the current 190.
Revenue is projected to reach ₹35,000 crore in FY26 and ₹41,000 crore in FY27.
The company is focusing on value growth, supply-chain discipline, and prudent capital deployment amid volatile gold prices.
- Who
- Joyalukkas, a jewellery retailer
- What
- Plans to invest ₹3,600 crore to open 40 new showrooms by FY27
- When
- By the next financial year (FY27)
- Where
- Across India and overseas, including new markets like New Zealand and Canada
- Why
- To strengthen its footprint and achieve revenue growth
- Investment Amount
- ₹3,600 crore
- New Showrooms
- 40
- Total Showrooms by FY27
- 230
- Overseas Showrooms
- 15
- New Markets
- New Zealand, Canada
- Revenue Projection FY26
- ₹35,000 crore
- Revenue Projection FY27
- ₹41,000 crore
- Employee Base
- 13,000
- CSR Commitment
- ₹100 crore
- Aircraft Order
- Dassault Falcon 2000 LXS (₹350 crore)