Senco Gold's shares have fallen 50.02% in the last 12 months and 36.69% year-to-date. (Photo: Google Maps) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Despite high gold prices, custom duty cut and Shraddh season in the second quarter of this financial year, Senco Gold Ltd. posted a 6.5% rise in revenue, according to its quarterly business update on Wednesday.
In the first half of this financial year, the company posted total revenue growth of 17.8%. The same-store-sales growth was 7.5% in the first half. During the first half the retail business rose by 16%.
The company has achieved 12% growth in diamond jewellery sales extending the momentum in the second quarter. Similarly, silver sales rose 54% in the same period. In the first half of this fiscal value growth for