Kalyan Jewellers Delivers Strong Q4, Declares ₹1.5 Dividend Amid Robust Growth

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Kalyan Jewellers India Ltd posted a scintillating performance for the March 2025 quarter, with consolidated revenue from operations rising to ₹61.82 billion, representing a strong 37% growth from the same period last year. This momentum was largely driven by a 39% revenue surge in its India business, led by good wedding season demand as well as healthy same-store sales growth of 21%. Its net profit for the quarter came in at ₹1.88 billion, reflecting its operational resilience amid fluctuations in gold prices.

Growth aggressively, Kalyan Jewellers expanded and opened 25 new India stores in the quarter, which put its India-Middle East-USA total stores at 388. Nevertheless, its online-first platform Candere experienced a revenue fall of 22%.

Indicating its financial strength, the board announced a dividend of ₹1.5 per share. In the future, Kalyan intends to open 170 new showrooms in FY2026 to further solidify its market position. The company is optimistic about sustained demand, especially with forthcoming festive and wedding seasons.

Source: Upstox, Business Today, Kalyan Jewellers Corporate Update