Malabar Gold & Diamonds has achieved its best-ever performance during Akshaya Tritiya, recording approximately 53% year-on-year growth globally with sales of INR 2,646 crore.
The company’s performance was driven by strong consumer demand, effective customer engagement, and its integrated manufacturing strengths, which enable competitive pricing and design variety.
India recorded 71% growth, while international markets grew by 22%, reflecting strong performance across regions. The company also engaged with over 1.25 lakh customers during the festive period.
The studded jewellery segment saw 45% growth, highlighting increasing consumer preference for design-led 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 continues to focus on expanding its product portfolio and driving sustainable growth anchored in transparency, quality, and responsible business practices.