The new showroom is located at the Forum Mall, Prestige Falcon City, Kanakapura Road, Bengaluru. Now they have over 14 stores across the city. The company registered a 35% growth in revenue at Rs 30,000 crore in FY22.
Malabar Gold & Diamonds, an Indian jewellery firm, just opened a new shop in Bengaluru. The new store is located on Kanakapura Road in Bengaluru, near the Forum Mall, Prestige Falcon City. They now have around 14 locations throughout the city.
The showroom was opened by Roopa D Moudgil IPS, IGP, in the presence of Filsor Babu, Karnataka Regional Head of Malabar Gold and Diamonds, and other management members.
Malabar Gold & Diamonds did not react to an email from IndiaRetailing requesting comment on the new showroom’s launch.
Malabar Gold & Diamonds
Malabar Gold & Diamonds is the flagship firm of Malabar Group, an Indian corporate conglomerate headquartered in Kozhikode, Kerala. M. P. Ahammed founded the firm in 1993, and it now operates over 270 stores in ten countries.
The jeweller merchant increased revenue by 35% to Rs 30,000 crore in FY22 and has set a revenue target of Rs 45,000 crore for FY23.
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