Kalyan Jewellers Posts 42% Revenue Growth in Q3 FY26 on Strong Festive Demand

Kalyan Jewellers delivered a stellar performance in Q3 FY26, reporting a 42% year-on-year surge in consolidated revenue, driven by robust festive demand and sustained consumer interest even after Diwali. The growth was broad-based across plain gold and studded jewellery, with same-store sales rising ~27%, reflecting strong brand loyalty and effective retail execution. Domestic operations led the momentum, while international markets grew ~36%, contributing 11% to overall revenue, with the Middle East seeing ~28% growth. The company’s digital arm, Candere, emerged as a standout, recording an impressive 147% revenue growth, underscoring the success of its online strategy. Kalyan continued aggressive expansion, opening 21 new domestic showrooms, 1 in the UK, and 14 Candere outlets during the quarter. As of December 31, 2025, its network stood at 469 showrooms globally—318 in India and 151 overseas. This balanced growth across physical and digital platforms highlights Kalyan’s resilient business model and expanding footprint in both domestic and international markets.