1 week ago
Senco Gold Targets Over 25% Revenue Growth in FY27
Senco Gold and Diamonds wants its sales to grow by more than 25 per cent in FY27.
It is targeting revenue of Rs 10,500-11,000 crore.
The company currently has about 190 stores.
It plans to open around 20 more stores in 2026-27.
Most of the new stores will be run by franchise partners.
The remaining stores will belong directly to the company.
Senco also wants to use important company-owned stores for expansion.
Its expansion plans focus on Tier II and Tier III cities.
Senco Gold and Diamonds is targeting revenue of Rs 10,500-11,000 crore in FY27.
The company expects revenue growth of more than 25 per cent.
Senco Gold currently operates around 190 stores.
It plans to add about 20 stores in 2026-27.
Of the planned additions, 12-13 will be franchised and 6-7 will be company-owned.
- Who
- Senco Gold and Diamonds, led by Managing Director and Chief Executive Officer Suvankar Sen.
- What
- The company is targeting more than 25 per cent revenue growth and plans to add around 20 stores.
- Where
- The expansion will focus on Tier II and Tier III cities; the company executive spoke from Mumbai.
- When
- During FY27, with store additions planned for 2026-27.
- Why
- To expand through franchise outlets and strategically located company-owned stores.
Key facts
- Revenue target
- Rs 10,500-11,000 crore
- Growth target
- More than 25 per cent
- Current stores
- Around 190
- Planned new stores
- Around 20 in 2026-27
- Franchise stores
- 12-13 planned additions
- Company-owned stores
- 6-7 planned additions
- Expansion focus
- Tier II and Tier III cities
Sources
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