"The Foundation Day sales contributed very positively to the business momentum and exceeded management expectations. This strong customer response, despite elevated gold prices, reflects the trust customers place in PNG Jewellers and the strength of our value focused offerings. We witnessed strong performance across our core western markets, complemented by robust traction in Madhya Pradesh, Uttar Pradesh, and Bihar. This response to the Foundation Day initiative has provided a positive start to the quarter. With ongoing wedding demand and the upcoming Gudi Padwa season, we are well placed to sustain the current momentum."

"India sits at the heart of the global natural diamond value chain, from cutting and polishing to a fast-growing domestic consumer market. Joining forces with the Natural Diamond Council reflects our belief that the future of natural diamonds depends on collaboration, transparency and a shared commitment to building long-term consumer confidence."