
Kalyan Jewellers shares rise post Q4 results, dividend announcement amid falling markets due to India-Pakistan conflict
Stock Market Today: Kalyan Jewellers shares gained in the morning trades on Friday post Q4 results announced by the company after market hours on Thursday. Company also announced dividend. The Kalyan Jewellers share price gained up to 3% was despite falling following due to India-Pakistan conflict
Kalyan Jewellers India Ltd anounced that its consolidated net profit for the fourth quarter of the fiscal year 2024–2025 (FY25) increased 36% year over year (YoY) to ₹ 188 crore. In the same quarter of the previous fiscal year, the net profit stood at ₹ 138 crore.
In the meantime, Kalyan Jewellers operating revenue in Q4 FY25 increased 37% YoY to ₹ ₹ 6,182 crore, up from ₹ 4,525 crore in the same quarter last year.
One of the lading jewelry stores in India, Kalyan Jewellers has its headquarters in Thrissur, Kerala, and is also present in the US and the Middle East.
According to the company, its net profit and standalone India revenue for Q4 FY25 were at ₹ 185 crore and ₹ 5,350 crore, respectively, representing increases of 38% and 41% respectively.
Revenue increased 26% YoY to ₹ 784 crore in the March 2025 quarter, indicating development in the Middle East business as well. At the same time, profit increased by 22% to ₹ 12 crore.
The board of Kalyan Jewellers announced a dividend of Rs1.50 (15%) per equity share of Rs10 each, for FY25 in addition to the announcement of the financial results.
In a filing, Kalyan Jewellers stated that it was recommending a final dividend of ₹ 1.50 per equity share of 10 for the fiscal year that ended on March 31, 2025, subject to member approval at the company's subsequent annual general meeting. The dividend announcement as per Kalyan Jewellers translated into 15% considering the dividend announced and the face value of the share.
Kalyan Jewellers share price scaled intraday high of ₹ 527.70 which marked gains of more than 3% for Kalyan Jewellers share price . The gains for Kalyan Jewellers share price was despite falling markets amid Indian- Pakistan Conflict. The Sensex corrected more than 1% on Fiday following India -Pakistan Conflict
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
24 minutes ago
- Hans India
Indian startups, emerging entities attract over $150 billion funding in a decade: Piyush Goyal
New Delhi: There has been a surge in private investments in the last 11 years, with Indian startups and emerging entities attracting significant private funding to the tune of over $150 billion in the past decade, Commerce and Industry Minister Piyush Goyal said on Thursday. More than Rs 22,900 crore have been invested in over 1,270 startups via the government's Fund of Funds for Startups scheme. "India is embracing technology like no other! This digital transformation is the outcome of the forward-looking vision and timely policy interventions under the leadership of Prime Minister Narendra Modi. Every section of society and every aspect of life has been positively impacted by 11 years of Digital India," Goyal said in a post on social media platform X. IP filings by the domestic startups surged from 2017 to 2024, with over 355 per cent growth in patents and more than 543 per cent growth in trademarks. India now ranks 39th globally on the 'Global Innovation Index 2024'. Goyal said he is proud to witness the profound impact of PM Narendra Modi's revolutionary initiative 'Startup India' on boosting innovation and enterprise in the country. "The remarkable talent of our youth and women is powering this revolution and driving India's economic growth with unparalleled vigour," he mentioned. India has become the third-largest startup ecosystem in the world, with more than 1.5 lakh startups and over 100 unicorns. "11 years of Digital India has empowered every citizen with seamless services, financial access, and last-mile connectivity," said Minister of State for Commerce and Electronics and IT, Jitin Prasada. The digital revolution, which began 11 years ago, is entrenched in almost every policy-making and public welfare scheme delivery with elaborate plans on how to bring benefits to the poor, downtrodden and marginalised sections. Prime Minister Modi took to X on Thursday and wrote about "leveraging the power of technology in bringing innumerable benefits for people". "Service delivery and transparency have been greatly boosted. Technology has become a means of empowering the lives of the poorest of the poor," he further said.


Time of India
27 minutes ago
- Time of India
Govt asks edible oil industry to pass on duty cut benefits to consumers
HighlightsThe Indian food ministry has mandated that edible oil industry associations immediately pass on the reduction in customs duties on crude oils to consumers, in response to rising food inflation. The Basic Customs Duty on crude edible oils, such as crude sunflower, soybean, and palm oils, has been halved from 20 percent to 10 percent to alleviate the impact of sharp price increases on consumers. Industry stakeholders are required to adjust their Price to Distributors and Maximum Retail Price in accordance with lower landed costs and provide weekly updates on reduced pricing to the Department of Food and Public Distribution. The food ministry has ordered edible oil industry associations to immediately pass on import duty reductions to consumers, following a government decision to halve customs duties on crude oils amid soaring food inflation . A meeting with leading edible oil industry associations and industry stakeholders was held under the chairmanship of Secretary, Department of Food and Public Distribution, where an advisory was issued directing them to pass on the benefits from the duty reduction to consumers. Industry stakeholders are expected to adjust their Price to Distributors (PTD) and Maximum Retail Price (MRP) in accordance with lower landed costs with immediate effect, the department said in a statement. Associations have been requested to advise their members to implement immediate price reductions and share updated brand-wise MRP sheets with the department on a weekly basis. The ministry shared a format with the edible oil industry for reporting reduced MRP and PTD data, emphasising that "timely transmission of benefits through the supply chain is imperative to ensure consumers experience corresponding decreases in retail prices". The decision came after a detailed review of the sharp rise in edible oil prices following last year's duty hike. The increase led to significant inflationary pressure on consumers, with retail edible oil prices soaring and contributing to rising food inflation. The Centre has reduced the Basic Customs Duty (BCD) on crude edible oils -- crude sunflower, soybean, and palm oils -- from 20 per cent to 10 per cent, resulting in the import duty differential between crude and refined edible oils increasing from 8.75 per cent to 19.25 per cent. This adjustment aims to address the escalating edible oil prices resulting from the September 2024 duty hike and concurrent increases in international market prices. The 19.25 per cent duty differential between crude and refined oils will help encourage domestic refining capacity utilisation and reduce imports of refined oils, officials said. Import duty on edible oils is one of the important factors that impacts landed cost of edible oils and thereby domestic prices. By lowering the import duty on crude oils, the government aims to reduce the landed cost and retail prices.


India.com
29 minutes ago
- India.com
Will Mukesh Ambani's Chinese partner beat Ratan Tata's ‘Made In India' Zudio? new race intensifies in India's fashion…
The Indian retail fashion industry will see a new intensified competition. It's about who can offer the cheapest T-shirt without cutting corners. Tata Group's Zudio which offers clothes at cheaper rates is not there in every corner of the country in rural to urban areas. And it's also making numbers for business. Zudio focuses on simplicity and in an Indian economy middle-class are responding to the brand with huge response. Due to which other exiting players like Max Fashions and Reliance Trends are impacting because of it. Zudio's aggressive pricing and India-made tag also helped it to connect with Indian customers. Even calls for boycotting the foreign brands after Indian China tensions during 2020 also damaged other brands building in the Indian market. Reliance's Shein Connection Shein, the Chinese fast-fashion brand that was banned in India in 2020, is again trying to establish itself through Mukesh Ambani's Reliance. The two companies entered into a partnership last year and are now coming up in the market with several plans. But they are not applying their old strategy again. The brand is planning to shift the majority of its manufacturing to India. According to a media report they can even bring 1,000 factories in India to produce Shein-labeled garments by the next year. By this they can attract Indian markets and also export to Shein's global customer base. Shein's production operations in China were halted after the tariff war with the US to increase. Shifting production to India can reduce Shein's trade risks and will also help India's manufacturing ecosystem. Zudio VS Shein It's not yet clear whether Shein's comeback via Reliance can disrupt Zudio's market or not. Zudio has the advantage of being a 'made in India' company and manufacturer. Most of its clothes are made in India, and they have reduced imports from Bangladesh. Indian consumers' shopping choices are majorly still linked to this emotional aspect of 'made in India' products. So it's interesting to see if they chose Shein even if it's rebranded by Reliance or will they stick to Tata's Zudio?