Mumbai, April 8 -- The retail segment recorded 102% YoY growth in Q4 FY26, driven by strong demand during the wedding and festive season. Franchise operations grew by 132% YoY, while E-commerce recorded a 67% YoY increase.

Despite rising gold prices, volumes saw positive traction with the gold category increasing by 27% YoY, while silver and diamond volumes rose 37% YoY and 125% YoY, respectively, driving the studded jewellery mix and taking the stud ratio to 9%.

The same-store sales growth (SSSG) for the quarter stood at a robust 86% YoY, reflecting strong customer traction across existing locations.

During the quarter, Foundation Day sales stood at Rs 365 crore, while Gudi Padwa sales came in at Rs 171 crore, reflecting a 38% YoY gro...