In Q4 FY25, our consolidated revenue increased by 5.1% compared to the same quarter in the previous financial year, contributing to full-year growth of 25.9%.
Retail Operations
Our retail segment, representing 81.5% of total revenue, achieved a robust 50% growth in Q4 FY 25 as compared to Q4 FY2024. This performance underscores strong consumer demand and operational excellence across our store network.
Key Non-Retail Segments
1) E-commerce: With a massive increase of 8% compared to the same quarter in the previous financial year, this segment contributed 5.7% to total revenue, reflecting our successful digital expansion and increasing online customer engagement.
2) Franchisee Operations: This segment surged by 2% compared to the same quarter in the previous financial year, accounting for 11.7% of total revenue, driven by strong franchisee performance and broader market penetration.
Festive Sales
Festive sales remain a key driver of our success. This year, we achieved our highest ever single-day festive sales on Gudi Padwa amounting to ₹ 123.5 crore, with a remarkable 40.4% increase over last year.
Same Store Sales Growth
A strong SSSG of 26.3% continues to drive sustained growth, reflecting the consistent demand and strong operational performance of our existing stores.
Stud Ratio
Our stud ratio, a key measure of product mix, rose by 30.8% to 7.4% in Q4 FY 25. This uptick highlights the growing popularity of stud-based Jewellery, aligning with evolving consumer preferences.
Showroom Network
In the recently concluded quarter, we expanded our footprint with the launch of 5 new stores- 4 COCO and 1 FOCO store, bringing our total store count to 53. Notably, we celebrated the opening of our 50th store, a key milestone in our growth journey. Additionally, we completed the renovation of our flagship store on Laxmi Road, Pune, to meet increasing demand and enhance the customer experience. To further strengthen operational efficiency, the company also inaugurated a new operational office in Mumbai.
Outlook for FY 26
We anticipate a strong FY 26, fuelled by robust demand starting with Akshaya Tritiya and the continued strength of the wedding season, both of which are expected to drive significant sales in Q1 FY 26.
Additionally, strong consumer demand driven by increasing purchasing power and shifting consumer presence will continue to fuel growth.
We aim to maintain this momentum by launching 20-25 new stores in FY26 while expanding our footprint in Uttar Pradesh and other regions. This strategic growth underscores our confidence in the market’s potential and our commitment to strengthening our physical presence. With these new stores, we aim to increase accessibility, deepen brand penetration, and continue delivering unparalleled value while sustaining our growth trajectory.
Note – This Business update represents a summary of consolidated business performance subject to Audit by our Statutory Auditor. The audited results will be released following the approval of financial statements by the Board of Directors.
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