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Gems- Jewellery And Watches
Monthly Update7 Jan 2025, 12:55 pm

Kalyan Jewellers India Ltd Reports 39% Revenue Growth in Q3 FY2025

AI Summary

Kalyan Jewellers India Ltd has reported a consolidated revenue growth of approximately 39% in Q3 FY2025 compared to the same period in the previous financial year. The India operations witnessed a revenue growth of approximately 41%, with a strong festive and wedding demand across both gold and studded categories. The quarter recorded a healthy same-store-sales-growth of approximately 24%. The company launched 24 Kalyan showrooms in India and one showroom in the USA. The digital-first jewellery platform, Candere, recorded a revenue growth of approximately 89%. The company plans to launch 30 Kalyan showrooms and 15 Candere showrooms in India in the current quarter, and 170 showrooms across Kalyan and Candere formats in FY 2026.

Key Highlights

  • Consolidated revenue growth of approximately 39% in Q3 FY2025
  • Revenue growth of approximately 41% in India operations
  • Launch of 24 Kalyan showrooms in India and one showroom in the USA
  • Revenue growth of approximately 89% for digital-first jewellery platform, Candere
  • Plans to launch 170 showrooms across Kalyan and Candere formats in FY 2026
KALYANKJIL
Gems- Jewellery And Watches
Kalyan Jewellers India Ltd

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