Kalyan Jewellers India Ltd
P&L
Quarterly Consolidated
vs Q2 FY25
Kalyan Jewellers India Ltd Reports 40% Revenue Growth in Q3 FY25
30 Jan 2025 · 30 Jan 2025, 11:14 pm
Summary
Kalyan Jewellers India Ltd recorded consolidated revenue of Rs 7287 crore in Q3 FY25, a growth of 40% from the previous year. The consolidated PAT for Q3 FY25 was Rs 219 crore, a growth of 44% adjusting for the loss due to reduction in customs duty. The India operations recorded a PAT of Rs 218 crore, a growth of 54% adjusting for the customs duty loss. The Middle East operations recorded a PAT of Rs 15 crore, a growth of over 23%. The e-commerce division, Candere, recorded a revenue of Rs 55 crore in Q3 FY25 versus Rs 29 crore in Q3 FY24, but recorded a loss of Rs 6.9 crore in Q3 FY25 versus a loss of Rs 1.6 Cr during Q3 FY24.
Key Highlights
- 1
Kalyan Jewellers India Ltd reports 40% revenue growth in Q3 FY25
- 2
Consolidated PAT at Rs 219 crore, a growth of 44% adjusting for customs duty loss
- 3
India operations recorded PAT of Rs 218 crore, a growth of 54% adjusting for customs duty loss
- 4
Middle East operations recorded PAT of Rs 15 crore, a growth of over 23%
- 5
E-commerce division, Candere, records revenue of Rs 55 crore in Q3 FY25
Management Comments
Mr Ramesh Kalyanaraman
Executive Director, Kalyan Jewellers India Limited
We are extremely excited with the way the current year has progressed. The current quarter has started off well despite the volatility in gold prices. We are upbeat about the ongoing wedding season and expect to end the financial year on a strong note. We are on track for the launch of 30 Kalyan showrooms and 15 Candere showrooms in India during the current quarter.
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