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Malabar Gold & Diamonds Records Strong Akshaya Tritiya Sales Surge with 53% growth

29-04-2026   01:05 PM

Malabar Gold & Diamonds has reported robust performance during Akshaya Tritiya 2026, reflecting strong consumer sentiment despite elevated gold prices and market volatility.

According to recent reports, the company achieved 53% year-on-year growth globally, with total sales touching $282 million (approx. Rs 2,350+ crore) during the festive period.

* India led the growth, registering an impressive 71% increase, highlighting continued festive demand in the domestic market.
* International markets also contributed, posting around 22% growth, underlining Malabar’s strong global retail footprint.

Commenting on the performance, M.P. Ahammad, 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 per cent 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 engaged with over 125,000+ customers walking in on Akshaya Tritiya across markets, supported by a healthy mix of wedding purchases and increasing participation from young and first-time buyers. Notably, the studded jewellery category recorded 45 per cent growth, highlighting a clear shift towards design-led and value-added products.

Courtesy : AOJ Desk News

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