PNG Jewellers Sees Record Akshaya Tritiya Sales
P. N. Gadgil Jewellers CMD Saurabh Gadgil told NDTV Profit the company far outpaced its 35-40% value growth target, clocking 80% growth year-on-year. Volume growth hit 12.8%, defying high gold prices. Gadgil said 22-carat still dominates traditional buying, while 18-carat gains traction for casual wear. He informed that a pre-festival gold bullion shortage was resolved after DJFT cleared bank import licenses, leaving the market well-stocked for the festive season ahead.
