Senco Gold shares gain 6% on strong Q2 business update; revenue rises 31% YoY

What happened: Senco Gold shares gained 6% after the company reported a strong Q2 business update, with standalone total revenue up 31% YoY. Key numbers: Q2FY27 standalone revenue +31% YoY; retail revenue +29% YoY; SSSG 19%; H1FY27 total revenue +48% YoY; retail revenue +40% YoY; H1 SSSG +30%; H1 topline Why it matters: The company cited festive demand, lightweight jewellery preference and resilience despite elevated, volatile gold prices. It expects Q3 and H2FY27 to benefit from seasonal and wedding-led demand, while noting gold prices pose affordability and working-capital challenges.

Senco Gold shares gained 6% after the company reported a strong Q2 business update, with standalone total revenue up 31% YoY.

The company cited festive demand, lightweight jewellery preference and resilience despite elevated, volatile gold prices. It expects Q3 and H2FY27 to benefit from seasonal and wedding-led demand, while noting gold prices pose affordability and working-capital challenges.