Senco Gold: Customers Are Moving To Light-Weight Jewellery Due To Rising Gold Prices | CNBC TV18
CNBC-TV18 · 29 Oct 2026 · 5 min
Management interview of Senco Gold Ltd (SENCO), with 5 key numbers discussed.
- Suvankar Sen, MD & CEO, Senco Gold
Senco Gold is observing healthy festive footfalls, with store visits rising 40-50% in Q3 compared to Q2. Customers are actively purchasing wedding jewellery and everyday lightweight pieces, while demand for diamond jewellery remains robust. Management projects a conservative 20%+ revenue growth for Q3 despite a high base. While margins face pressure from significant old gold exchanges, the company aims to sustain a full-year EBITDA margin of 7-7.5% by pushing higher-margin diamond sales.