Malabar Gold & Diamonds reported its strongest-ever Akshaya Tritiya performance, with global sales reaching $282 million, supported by robust consumer demand and operational strengths. The company recorded a 53 per cent year-on-year increase in global sales during the festive period. Growth was led by India, where sales rose by 71 per cent, while international markets registered a 22 per cent increase, reflecting sustained demand across regions.
More than 125,000 customers visited the company’s outlets on the occasion. Demand was driven by a mix of wedding-related purchases and increasing participation from younger and first-time buyers.
The studded jewellery segment recorded a 45 per cent increase, indicating a shift in consumer preference toward design-focused and value-added products.
M.P. Ahammad, Chairman of Malabar Group, said the performance reflects strong customer engagement and continued trust in the brand. He added that transparent pricing, ethical sourcing, and quality standards remain central to the company’s approach.
The company’s integrated manufacturing model contributed to the growth by enabling competitive pricing and a wider design range while maintaining consistent quality.
The performance marks the company’s highest-ever sales during Akshaya Tritiya, with growth recorded across both domestic and international markets.
