Mumbai, Oct. 8 -- During the quarter under review, revenue excluding the refinery segment delivered a YoY growth of 31.15%.

The retail segment of P N Gadgil Jewellers recorded a robust 29% year-on-year growth in Q2 FY26, driven by strong store-level performance and buoyant festive season sales. The segment contributed 72.2% of the company's total revenue for the quarter.

In the non-retail segments, e-commerce revenue surged 113.2% year-on-year, contributing 6.6% to total revenue in Q2 FY26, reflecting the company's successful digital expansion and growing online customer engagement.

Franchise operations also posted a strong performance, with revenue rising 105% YoY and accounting for 15.6% of total revenue, supported by improved franch...