PNGS Reva reports 46.25% Q2 revenue growth and expands store network to 38 locations
As filed · PNGS Reva Diamond Jewellery Limited has informed the Exchange about the quarterly business update for the quarter ended September 30, 2026 (Q2 FY 2026-2027).
What happened
FactPNGS Reva Diamond Jewellery reported Q2FY27 revenue from operations of Rs 1,205.40 million excluding gold sales, up 46.25% year on year. The company added two COCO stores during the quarter, taking its total store count to 38, and launched its e-commerce platform.
Why it matters
CapitSignal interpretationProduction and sales volumes are the operating data behind the next set of reported numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedThe gross profit for the quarter stood at INR41.83 crores, reflecting the growth of 147.25% Y-o-Y with gross margins of 35.46%.
The EBITDA stood at INR33.92 crores, recording a growth of 192.88% Y-o-Y, while EBITDA margins stood at 28.76%.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Volume trend against the prior period
Evidence
- PNGS Reva Diamond Jewellery Limited has informed the Exchange about the quarterly business update for the quarter ended September 30, 2026 (Q2 FY 2026-2027).(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- The company reported higher year-on-year sales despite Q2FY27 having zero festive days compared with 9 festive sales days in Q2FY26. Continued execution of the COCO expansion plan, including the planned opening of approximately 15 stores, could materially increase its retail footprint, while the company expects Q3 wedding and festive demand to support higher average order values.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%