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Informist, Friday, May 8, 2026

 

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--Kalyan Jewellers Jan-Mar consol net profit INR 4.10 bln 
--Kalyan Jewellers Jan-Mar consol revenue INR 102.75 bln 
--Kalyan Jewellers Jan-Mar consol PAT INR 4.10 bln vs INR 1.88 bln yr ago 
--Kalyan Jewellers Q4 consol revenue INR 102.75 bln vs INR 61.82 bln yr ago 
--Kalyan Jewellers FY26 consol PAT INR 13.50 bln vs INR 7.15 bln yr ago 
--Kalyan Jewellers FY26 consol sales INR 357.43 bln vs INR 250.45 bln 
--Kalyan Jewellers Jan-Mar cost of materials INR 109.91 bln vs INR 58.73 bln 
--Kalyan Jewellers to pay INR 2.50 per share final dividend 
--Kalyan Jewellers Q4 India revenue INR 89.94 bln, up 68% on year 
--Kalyan Jewellers: Saw strong growth in Akshaya Tritiya sales this year 
--Kalyan Jewellers: See strong demand for wedding purchases in Q1 
--Kalyan Jewellers Jan-Mar Candere revenue INR 1.31 bln 
--Kalyan Jewellers Jan-Mar overseas sales INR 11.6 bln vs INR 8.1 bln yr ago 

--[I] Kalyan Jewellers Jan-Mar consol EBITDA INR 7.36 bln vs INR 3.99 bln yr ago 

--[I] Kalyan Jewellers Jan-Mar consol EBITDA margin 7.2% vs 6.5% year ago 

--[I] Kalyan Jewellers Jan-Mar consol EBIT INR 6.23 bln vs INR 3.06 bln yr ago 

--[I] Kalyan Jewellers Jan-Mar consol EBIT margin 6.1% vs 5.0% year ago 

 

By Shakshi Jain

 

NEW DELHI – Kalyan Jewellers India Ltd.'s consolidated net profit for the March quarter more than doubled on year as total expenses of the company rose at a slightly slower pace than the revenue. The year-on-year growth in total expenses was contained by a greater negative change in inventories of finished goods, work-in-progress, and stock-in-trade. 

 

Data available with Informist showed it was the jeweller's best year-on-year financial performance at least since the June quarter of 2021-22 (Apr-Mar). The company's sales and net profit, however, declined sequentially in Jan-Mar after logging strong growth in the trailing three months.

 

Kalyan Jewellers' consolidated net profit for the March quarter jumped over 118% on year to INR 4.10 billion. Sequentially, the bottom line declined 1.6%. The company's consolidated revenue rose over 66% on year and declined 0.7% sequentially to INR 102.75 billion in the reporting quarter. 

 

"We ended the previous financial year on a very strong (sic) and have carried the momentum into the ongoing financial year. We witnessed strong growth in our Akshaya Tritiya sale this year and we continue to see encouraging momentum in consumer demand, especially around the wedding purchases during the current quarter," company's Executive Director Ramesh Kalyanaraman was quoted as saying in a press release. 

 

Kalayn Jewellers' India revenue grew 68% on year to INR 89.94 billion during the reporting quarter, while international revenue rose 43% to INR 11.57 billion, the release said. The lifestyle jewellery platform, Candere, recorded a revenue of INR 1.31 billion in Jan-Mar, making a net profit of INR 30 million.

 

The company's total expenses grew by almost 64% on-year to INR 97.82 billion in Jan-Mar, led by an over 87% year-on-year rise in cost of materials consumed to INR 109.91 billion. A negative change of INR 21.22 billion in inventories of finished goods, work-in-progress and stock-in-trade helped limit expenses. 

 

The company's consolidated earnings before interest, tax, depreciation, and amortisation rose to INR 7.36 billion in Jan-Mar from INR 3.99 billion a year ago. Its EBITDA margin for the quarter expanded by 70 basis points year-on-year to 7.2%. The jeweller's consolidated earnings before interest and tax increased by 103% on year to INR 6.23 billion, with the EBIT margin rising by 110 bps to 6.1%.

 

For the full year, the jeweller reported a consolidated net profit of INR 13.50 billion, up 89%. Its revenue rose nearly 43% year-on-year to INR 357.43 billion in the 12 months.

 

The company's board recommended a final dividend of INR 2.50 per share for FY26. Friday, the company's shares ended at INR 424.55 on the National Stock Exchange, up 3.3% from the previous close. The company announced its March quarter results during market hours.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Saji George Titus

 

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