PNG Gadgil Q1 FY26 revenue grew 30.4% excluding refinery, driven by retail (19.4%), e-commerce (126%), franchisee (109%) growth, new stores, and festive sales boost.

• E-commerce surged 126% YoY, franchisee operations up 109%, reflecting digital expansion and market penetration.
• Festive sales hit Rs 139.53 crore (35.1% YoY), studded jewelry share rose 41.6%, driving retail growth.
• Launched 2 new stores (1 COCO, 1 FOCO), plans 7-9 more in Q2 FY26, targeting 20-25 new stores annually.