Kalyan Jewellers Q1 Results: Cons PAT jumps 49% YoY to Rs 264 crore, revenue grows 31%
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Kalyan Jewellers India on Thursday reported a 49% growth in its Q1FY26 consolidated net profit at Rs 264 crore versus Rs 178 crore in the year ago period. The profit after tax (PAT) is attributable to the owners of the company.The company's revenue from operations stood at Rs 7,268 crore which was up 31% from Rs 5,528 crore reported in the corresponding quarter of the last financial year.The PAT was up 41% on a sequential basis versus Rs 188 crore reported in Q4FY25 while the topline increased 18% compared to Rs 6,182 crore posted by the jeweler in the January-March quarter.The standalone revenue (India) for Q1FY26 was reported at Rs 6,142 crore, which is a growth of 31% when compared with the same period in the previous financial year while PAT was reported at Rs 256 crore recording a growth of 55% when compared with the same period in the previous financial year.International operations recorded revenue of Rs 1,070 crore for Q1FY26, a growth of 32% when compared with the same period in the previous financial year. Middle East revenue and PAT for Q1FY26 stood at Rs 1,026 crore and Rs 22 crore respectively, a growth of 27% and 18% respectively.Company's lifestyle jewellery platform Candere, recorded a revenue of 66 crore and net loss of 10 crore for Q1 FY26.Commenting on the earnings, Executive Director Ramesh Kalyanaraman said that the company has started off the ongoing quarter well despite continuing volatility in gold prices and a higher base. "We are upbeat about the upcoming festive season across the country and are gearing up for the launch of fresh collections and campaigns,' he said.Headquartered in Thrissur in the state of Kerala, Kalyan Jewellers is one the largest jewellery retailers in India with a presence in the Middle East and the US. The company has had over three decades of presence in the country.Kalyan Jewellers has 406 showrooms across India, USA and the Middle East, with a retail area exceeding 10,00,000 square feet.
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