Gold jewellery retailers’ sales to surge 22-25 pc in India after sharp duty cut – ET Retail

Representative Image After the sharp reduction in import duty announced in the Union Budget, the revenues of organised gold jewellery retailers will increase 22-25 per cent this fiscal (year-on-year) – a solid 500-600 basis points (bps) more than the 17-19 per cent expected earlier, a report showed on Monday. The incremental growth will be driven…

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Organised gold jewellery retailers to achieve strong revenue growth in FY25: CRISIL – ET Retail

A CRISIL Ratings analysis of 54 gold jewellery retailers, which account for 32% of the organised jewellery sector revenue released today says that organised gold jewellery retailers are set to clock 17-19% on-year revenue growth in fiscal 2025, driven by higher realisations stemming from elevated gold prices, while volume will remain steady. Retailers are likely…

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