A document shows Senco Gold's FY27 revenue projection, targeting Rs 11,000 crore.
Senco Gold and Diamonds is projecting significant revenue expansion, aiming for a growth exceeding 25% to reach Rs 11,000 crore by the fiscal year 2026-27. This ambitious target is underpinned by a strategic plan to open approximately twenty new stores within the same timeframe.
The expansion initiative will encompass both franchise-operated and company-owned retail outlets, with a particular focus on penetrating tier II and tier III cities. This move is expected to bolster Senco’s presence in the eastern and northern regions of India, areas where the company has historically strong brand recognition.
While the company is actively pursuing domestic growth, its international expansion plans, specifically a venture into Dubai, have encountered delays. These setbacks are attributed to the prevailing regional instability, prompting a reassessment of the timeline for overseas market entry.