Crisil Sees Jewellery Volumes Falling 4–6% in FY27, Revenue Rising Up to 23%
Crisil Ratings expects jewellery sales volumes to decline 4–6% in the current financial year while revenue grows 21–23%, driven by gold prices rising up to 27%.
Jewellery sales volume is expected to decline by 4-6% in the current financial year, even as revenue is projected to grow by a robust 21-23%, driven by a surge of up to 27% in gold prices, Crisil Ratings said in a report on Thursday.Organised retailers are also expected to continue gaining market s…