Latest news with #Polki
Business Standard
6 days ago
- Business
- Business Standard
Senco Gold gains after Q4 PAT nearly doubles to Rs 94 crore; EBITDA margin at 9.2%
Senco Gold rose 2.11% to Rs 388.85 after the company's net profit increased by 94.1% to Rs 62.44 crore as revenue from operations rose by 21.1% to Rs 1,377.71 crore in Q4 March 2025 over Q4 March 2024. Profit before tax (PBT) stood at Rs 85.08 crore in Q4 FY25, up by 62.4% from Rs 52.38 crore recorded in Q4 FY24. For the fourth quarter, EBITDA came in at Rs 127.01 crore (up by 44.8%) while EBITDA margin was at 9.2% (up 150 basis points YoY). Total operating expenses rose by 19.2% to Rs 1,250.69 crore in Q4 FY25 as compared with Q4 FY24. During the quarter, cost of materials consumed stood at Rs 1,146.46 crore (up 21.6% YoY) while employee benefits expense was at Rs 35.65 crore (up 27.1% YoY). For the full year FY25, revenue from operations rose by 20.7% to Rs 6,328.07 crore, while net profit fell by 12% to Rs 159.31 crore. Suvankar Sen, MD & CEO, said: Senco Gold Ltd. recorded a Standalone total income of Rs 6,313.4 Cr on a growth of 19.7% in FY25 as compared to FY24. The Q425 vs Q424 growth was 20.5%, and SSSG growth accounted for 18%. The company has seen 21% volume growth and 38% in value of diamond jewellery in Q4, which has led to an increase in profit. The adjusted PAT increased by 10.1% to Rs 207.9 Cr. The impact on PAT is due to a one-time customs duty cut in July 2024. In our retail segment, our company-owned showrooms, with a 64% revenue contribution to the overall retail business, have registered a growth of 21% and franchisee business, which contributes to 36% of the retail business, has grown by 28% in Q4 over the last year. Q4 saw a strong studded growth, of over 38% in revenue and of over 2% growth in volume. In Q4, 5 new showrooms were opened (2COCO, 2FOCO and 1FOFO model). In this period, the overall SSSG was 18%. The sharp increase in gold prices during Q4 led to an increase in old gold jewellery exchanges, with old gold contributing nearly 40% to overall sales, out of which 61% is coming from the Non-Senco customers in FY25. Senco Gold is a leading pan-India jewellery retailer. It offers an extensive range of jewellery, including gold, diamond, Polki, Platinum, Kundan, Jadau, silver, as well as precious and semi-precious stones.
Fashion Network
26-05-2025
- Business
- Fashion Network
Rasa launches two new jewellery stores in Bengaluru
Jewellery label Rasa has expanded its retail footprint with the launch of two new stores in Bengaluru, opening boutiques in the metro's HSR Layout and Commercial Street. With these openings, Rasa aims to offer an immersive retail experience that brings together traditional silver jewellery craftsmanship and contemporary design offerings. The new stores showcase Rasa's full collection, including uncut Kundan glasswork, gemstone-studded Vivid Stone pieces, and antique gold temple jewellery inspired by South Indian heritage, the brand announced in a press release. Also featured are Moissanite and Polki designs, as well as Nakshi, Jadau, Deep Nakash Kundan, Victorian pastels, and spiritually inspired Navaratna jewellery. 'Bringing Rasa to Bangalore feels like a homecoming," said Rasa's co-founder Manan Bohra in a press release. "The city's deep-rooted heritage and vibrant, forward-thinking spirit mirror everything our brand stands for. We're not just launching spaces, we're creating experiences where people can truly connect with the artistry, culture, and stories behind each jewellery piece.' Designed as more than traditional retail spaces, the stores offer interactive showcases on jewellery-making techniques, sustainability, and slow fashion, reflecting the brand's commitment to conscious craftsmanship. To mark the launch, Rasa is offering gold coins worth 25% of the order value as a seasonal promotion. The brand also plans to open six more stores across Bengaluru and South India over the coming year.
Emirates Woman
22-05-2025
- Entertainment
- Emirates Woman
The most stunning jewellery at Cannes: From Angelina Jolie to Aishwarya Rai
The 2025 Cannes Film Festival once again transformed the French Riviera into a dazzling showcase of fashion and jewellery, with celebrities bringing their most glamorous looks to the red carpet. Among the standout moments, Aishwarya Rai Bachchan shone in a Manish Malhotra creation, paired with exquisite Kundan and Polki jewellery. The intricate choker, layered necklaces featured 500 carats of Mozambique rubies and uncut diamonds set in 18k gold, blending heritage with modern elegance. Angelina Jolie made a striking appearance in Chopard, wearing a white gold and diamond choker with matching drop earrings. Her choice reflected Chopard's commitment to ethical luxury, aligning with her advocacy for sustainable fashion. Here are the best jewellery piece from the Cannes Film Festival 2025 From Juliette Binoche's romantic Chopard floral designs to Natalie Portman's sleek Tiffany & Co. diamonds, the festival was a celebration of craftsmanship and individuality. Cannes Film Festival 2025: The best dressed Indians redefining red carpet glamour Irina Shayk brought bold energy with Anita Diamonds' statement cuffs, while Bella Hadid opted for Chopard's avant-garde ear cuffs. Nadine Nassib Njeim's delicate MARLI New York pieces added a touch of understated sophistication. Each look told a story, proving that jewellery is as much about personal expression as it is about brilliance. Cannes Film Festival 2025: The best dressed Arab stars celebrating Middle Eastern glamour The jewellery at the 2025 Cannes Film Festival has left a lasting impression so far . Aishwarya's traditional Indian pieces and Jolie's ethically sourced diamonds highlighted the diversity of red-carpet glamour. Whether classic or contemporary, each design showcased the artistry behind high jewellery. – For more on luxury lifestyle, news, fashion and beauty follow Emirates Woman on Facebook and Instagram Images: Instagram Feature Image: Instagram
Time of India
17-05-2025
- Entertainment
- Time of India
Sparkle on
Jewellery is no longer simply a Bollywood leading lady's accessory; it is the focal point of their look, making headlines. Statement pieces, maximalist jewellery, and blended traditional and modern styles characterise the jewellery options of top actresses. Whether posing on the red carpet or making public appearances, these celebrities employ jewellery to convey individuality, lead trends, and make their looks iconic. Their evocative, bold decisions guarantee that jewellery remains at the centre of Bollywood's constantly changing fashion Chopra's jewelry look is about international glamour with an Indian twist. She comfortably combines bold chokers, diamond necklaces, and show-stopping cocktail rings with both sarees and Western gowns. Priyanka's picks demonstrate versatility; she can sport a royal emerald set for a traditional function or glittering diamond drops for a Hollywood premiere. Her self-assurance in combining traditional pieces with contemporary silhouettes guarantees her jewellery never goes unnoticed, and she is a red-carpet fixture and international fashion Rai Bachchan embodies ageless glamour with her jewelry selection. She tends to go for traditional, royal pieces like layered Kundan necklaces, pearl chokers, and intricately designed jhumkas. Aishwarya's ensembles are grounded in tradition, with a liking for heritage-patterned designs that go well with her sarees and lehengas. Her jewelry is always carefully coordinated, bringing a whiff of royalty to each look and solidifying her position as a style icon who transcends the past and Kapoor Khan's jewellery style is a combination of timeless sophistication and contemporary edge. She can often be spotted in streamlined diamond necklaces with emerald detail, sophisticated gold chokers, and bold silver bracelets. Kareena's style is understated yet powerful-she allows her jewellery to make her outfit shine without overwhelming it. From the red carpet to a top-event appearance, her well-thought-out ensemble exudes a hint of opulence and assurance, making her a regular news-giver among Bollywood fashion Padukone is renowned for her maximalist style, embracing dramatic, attention-grabbing jewellery. She frequently selects multi-stranded necklaces, large chandbalis, and elaborate chokers to wear with both traditional and modern dresses. Deepika's style is uncompromising in its scale-she never plays down her jewellery, typically opting for colored gemstones and elaborate designs. This bold use of statement jewellery solidifies her role as a trendsetter not afraid to place jewellery at the forefront of her Kapoor is renowned for her daring fashion sense, regularly making bold, cutting-edge jewellery statements that turn heads. She is attracted to stacked necklaces, large earrings, and three-dimensional rings, combining traditional Kundan and Polki with modern designs. Sonam's ensembles are carefully put together, and jewellery is frequently the center of attention-whether it's a show-stopping choker or a layered group of thick bracelets. Her knack for combining vintage and new pieces makes her a fashion influencer, and fans are encouraged to use statement jewellery as an expression of themselves.
Fashion Network
01-05-2025
- Business
- Fashion Network
Ivana Jewels raises Rs 2 crore from Avinya Ventures, plans retail expansion
Surat-based lab-grown diamond and Polki jewellery label Ivana Jewels has raised Rs 2 crore in seed funding from Avinya Ventures, a SEBI-registered early-stage venture capital firm. The funding will support the launch of new product lines, expansion into new cities, and enhanced marketing efforts. 'This funding is a big step forward for Ivana by jewels and a strong validation of our journey so far,' said Ivana Jewels co-founder Ayushi Jindal in a press release. "We are focusing on lab-grown diamonds, especially in the one to two carat range, along with larger stones of five, 10, and 20 carats, and expanding our collection of Polki jewelry. With this support, we look forward to introducing fresh designs, opening new stores, and serving our customers better across the country. We believe that lab-grown diamonds are the future of sustainable luxury, and we are excited to make them accessible to a wider audience through our expanding presence.' Alongside brick-and-mortar growth, the brand is strengthening its digital platform through enhanced product customisation, improved user interface features, and a simplified shopping experience. Backed by a team of 35 to 40 employees, the business is targeting a four to five times revenue increase. 'The lab-grown diamond jewelry market is growing quickly, with huge opportunities across India, especially in Tier 2 and tier 3 cities where awareness is just beginning to pick up," said Avinya Ventures' co-founder Gaurav VK Singhvi. "Consumers are now looking for sustainable, affordable alternatives to traditional diamonds, and this segment is only going to get bigger. Their focus on quality, customisation, and making jewelry more accessible makes them stand out. We are excited to support Ivana as they open more stores, reach more customers, and build a trusted name in the jewelry world' Founded by the Jindal Group in 2023, Ivana Jewels currently operates stores in Noida, Surat, Nagpur, Delhi, and Mumbai, with new outlets planned in Chandigarh and Ahmedabad. The brand aims to scale its retail network to 12 to 15 stores by the end of the 2026 fiscal year. Franchise opportunities are also on offer, with a reported investment of Rs 5 crore for new stores.
