New Delhi, Aug. 12 -- Shares of Senco Gold, one of India's leading pan-India jewellery retailers, plunged 14.5% in Wednesday's trade on August 12, falling to a four-week low of Rs.343 apiece, as lower margins weighed on investor sentiment despite healthy topline growth.

The company, post market hours on Tuesday, reported a 67% year-on-year rise in revenue to Rs.3,056 crore, while revenue increased 53% sequentially. Retail sales rose 50% YoY to Rs.2,651.5 crore in Q1 FY27, while same-store sales growth (SSSG) stood at 39%.

Gold demand during the quarter was impacted by a sharp rise in average gold prices, as well as the increase in customs duty from 6% to 15%. However, the company said various marketing initiatives, including old-gold ex...