News > Organised jewellery industry to likely see 17% revenue growth in FY26: report
Organised jewellery industry to likely see 17% revenue growth in FY26: report
The Hindu Business Line | 15/01/2025 08:48 PM | Click to read full article
Organised jewellers' credit metrics in FY26 are expected to be supported by rising scale and absolute profit. India Ratings expects operating profit margins to be range-bound due to competitive pressures necessitating discounts, higher advertising spends to ensure customer acquisition and start-up costs for new stores. As new stores ramp up and achieve breakeven, it will support the operating margin with better absorption of operating costs.