Malabar Gold & Diamonds posts record Akshaya Tritiya sales, clocks 53% growth
Malabar Gold & Diamonds reported its strongest-ever performance during Akshaya Tritiya, registering approximately 53% year-on-year growth globally with total sales of INR 2,646 crore.
The company saw 71% growth in India and 22% growth across international markets, reflecting strong momentum across geographies. The performance was driven by robust consumer demand, enhanced customer engagement, and the company’s integrated manufacturing capabilities.
More than 1.25 lakh customers visited Malabar Gold & Diamonds showrooms during the festive period across India and international markets, supported by a mix of wedding-related purchases and increasing participation from young and first-time buyers.
The studded jewellery segment recorded a 45% growth, indicating a shift in consumer preference towards design-led and value-added products.
Commenting on the performance, Mr. M. P. Ahammed, Chairman, Malabar Group, said, ““Akshaya Tritiya continues to be a significant occasion for our customers, and this year’s performance reflects both the strength of demand and the depth of customer engagement. What stands out is not just the strong growth of approximately 53% year-on-year globally across India & other International Markets, but the quality of that growth. At the core of this growth is the trust customers place in us as a responsible jeweller. Our commitment to transparent pricing, ethically sourced gold and diamonds, stringent quality standards, and a customer first approach continues to resonate strongly. It is this focus that enabled us to build deeper relationships with customers and drive sustained preference across markets”
The company attributed its growth to its integrated manufacturing model, which enables competitive pricing and design variety while maintaining consistent quality at scale.
As the company expands further, it continues to focus on strengthening customer trust, expanding its portfolio, and driving sustainable growth through responsible business practices.
