Kalyan Jewellers reported strong revenue growth in its business update, driven by solid wedding demand in its India operations. However, the stock remained under pressure, reflecting the overall weakness in the broader market. Kalyan Jewellers’ India operations posted a 39% year-on-year revenue growth for the March quarter, primarily fueled by strong wedding-related demand. The company reported a same-store sales growth (SSSG) of around 21% for the quarter. Additionally, it added 25 new showrooms in India during Q4FY25 and launched three more in the first week of April.