macro

SENCO: H1 revenue jumped 52% while Q2 margins came under pressure

SENCO's Q2 revenue rose 34% and H1 profit 22%, but EBITDA margin fell to 4.4%. The company guides to revenue growth of 25% or more in H2.

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what happened

According to TradingView, SENCO's revenue grew 34% year on year in the second quarter and 52% in the first half. Retail growth and 30% same-store sales growth drove the result. H1 profit after tax rose 22%, but the EBITDA margin contracted to 4.4% in Q2.

For the second half, the company is targeting revenue growth of at least 25% and an EBITDA margin of 7.5% to 7.8%. TradingView notes that the text is an AI-generated summary and advises checking important figures against the original source.

why it matters

For investors, the gap between fast sales growth and a shrinking margin matters, since higher revenue does not guarantee steady profitability. Second-half guidance will show whether the company can restore its margin to earlier levels.

market impact

SENCO shares and jewelry retail: strong revenue growth against narrower margins

tags

instruments

SENCO GoldIndian jewelry retailgold ↗

sources

  1. SENCO: H1 growth remained strong, while Q2 margin pressure shaped a measured H2 outlook — TradingView, 14 November 2026 at 05:37 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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