Gargi by P.N. Gadgil & Sons a leading name in India’s fashion jewellery segment, marked its fourth anniversary with the announcement of strong Q2 FY25-26 financial results. Since its launch in 2021, the brand has built a distinct identity by offering contemporary, design-led jewellery rooted in traditional craftsmanship and accessible pricing.
For the second quarter of FY25-26, Gargi reported ₹73.76 crore in revenue and ₹15 crore in net profit, reflecting steady demand across its product categories. The company’s market capitalisation now stands at ₹1,150 crore, underscoring its strengthening market position. Growth continues to be driven by festive-season sales an expanding retail footprint and rising consumer preference for affordable yet stylish jewellery.
The brand has grown to over 100 stores across India, supported by a robust online presence through its website and mobile applications. Its omnichannel strategy has enabled it to effectively serve both metropolitan and tier-2 markets, contributing to sustained customer engagement.
Commenting on the milestone Aditya Modak, Co-founder said “These four years have been an important journey of growth and learning. We launched Gargi with the intention of creating jewellery that captures life’s meaningful moments while remaining modern and accessible. As we celebrate this milestone, we extend our gratitude to our team, artisans, stakeholders and customers. Our focus remains on innovation, craftsmanship and expanding our reach across India.”
Gargi’s range includes 92.5 sterling silver jewellery, modern brass pieces and 9K, 14K, and 18K gold and rose gold jewellery with real diamonds. Key introductions such as the Kids Collection and festive editions highlight its commitment to design innovation.
Supported by the legacy of P.N. Gadgil & Sons and listed since 2022, Gargi plans to further strengthen its retail presence, enhance digital capabilities and invest in customer experience to drive long-term growth.
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