Senco Gold Q2 updates –
Sales up 28 pc !!!
In Q1, sales growth was 30 pc
Same store growth was 19 pc in Q1. Was lesser ( exact figures not mentioned ) in Q2
Same store growth in first 6 months @ 19 pc – commendable
Q2 volume growth –
Gold volumes up 11 pc
Diamond volumes up 33 pc
Opened 2 new stores in Q2
Stud ratio ( Diamond : Gold jewellery sale ratio ) – up sharply in Q2 @ 13.7 pc vs 11.2 pc last year
All this despite festive season being firmly pushed to Q3 this FY
Is it the Next Titan ???
Who knows
Atleast, I hope so !!!
Disc – invested, biased
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