Kalyan Jewellers Latest Updates

Q1 FY2026 Financial and Business Highlights (April-June 2025) Revenue and Profit: The company reported a consolidated revenue growth of approximately 31% year-on-year for the first quarter of FY2026. Consolidated profit after tax (PAT) jumped by nearly 49% year-on-year, reaching ₹264.08 crore. India and International Operations: India operations also saw a revenue growth of 31%, driven by strong Akshaya Tritiya and wedding demand, with same-store-sales-growth (SSSG) at about 18%. Global operations, which contributed around 15% to consolidated revenue, grew by 31%, including a 26% revenue growth in the Middle East, predominantly from SSSG. Digital Platform: The digital-first jewellery platform, Candere, reported a robust revenue growth of 67% compared to the same quarter last year, following a successful brand campaign launched in May 2025. Expansion Strategy and Store Network Showroom Expansion: Kalyan Jewellers has an aggressive plan to open a total of 170 new showrooms across its various formats during the full financial year FY2026. New Store Openings (Q1 FY2026): In the first quarter of FY2026, the company opened 10 new Kalyan showrooms in India, 1 Kalyan showroom in the US, and 8 Candere showrooms in India. Current Showroom Count: As of June 30, 2025, the total showroom count stood at 406 globally, including 287 Kalyan showrooms in India, 36 in the Middle East, 2 in the US, and 81 Candere outlets. The future expansion is heavily focused on the franchise-owned company-operated (FOCO) model, particularly in non-South India, to manage debt.