Kalyan Jewellers Q2 Revenue Grows Over 26% YoY

Kalyan Jewellers India !KALYANKJIL reported consolidated revenue growth of over 26% YoY in Q2 FY27. India operations recorded approximately 27% revenue growth, while same-store sales growth stood at around 20% during the quarter. India Business Drives Q2 Growth: The company said growth remained healthy across key Indian markets despite a high base in Q2 FY26, when all nine days of Navratri were part of the quarter. Kalyan Jewellers also expanded its retail network during Q2: - 12 Kalyan showrooms launched in India, with 11 on a net basis - 9 Candere showrooms opened in India - 1 Kalyan showroom opened in the UK - Total showroom count reached 546 as of September 30, 2026 International Revenue Grows 18%: - Kalyan Jewellers' international operations recorded approximately 18% YoY revenue growth in Q2 FY27. - Within the Middle East, revenue increased approximately 12%, driven entirely by same-store sales growth. International markets contributed around 11% of consolidated revenue. - The company's lifestyle jewellery brand Candere recorded approximately 64% revenue growth during the quarter. Expansion and Festive Season Outlook: - Kalyan Jewellers also launched its first regional brand, Akshaya Thanga Maligai, in Chennai during August and plans to open four additional showrooms under the franchise model during FY27. - The company said it remains upbeat about the upcoming festive and wedding season, with new collections, campaigns and showroom launches planned. - The company also reported that non-GML debt came down to zero during the quarter after completing the sale of a non-core real estate parcel valued at approximately ₹86 crore. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision.