Latest news with #KalyanJewellersIndiaLtd
News18
09-05-2025
- Business
- News18
Kalyan Jewellers Shares Surge On Friday Despite Weak Markets, Why Is Stock Rising?
Last Updated: Kalyan Jewellers Share Price: Kalyan Jewellers shares up 3 per cent intraday despite weak market conditions. Why is stock rising? Kalyan Jewellers: Kalyan Jewellers India Ltd's shares gained 3 per cent intraday on Friday despite volatile market conditions triggered by the escalation of India-Pakistan tensions following Operation Sindoor. The surge in jewellery stock came post its robust quarterly earnings for the quarter ended March 31, 2025. Stocks were trading at Rs 520.50 apiece with a gain of 1.80 per cent around 1:50 pm. The scrip earlier opened at Rs 496.30 apiece, against the previous day close at Rs 511.30 apiece. Kalyan Jewellers' current market cap stands at Rs 53,686.21 crore, and is part of BSE 500. Kalyan Jewellers Q4 FY25 Results The company recorded consolidated revenue of Rs 25,045 crore in FY25 as against Rs 18,516 crore in the previous financial year, a growth of 35%. Consolidated PAT for FY25 was Rs 714 crore as against a PAT of Rs 596 crore in the previous financial year. Consolidated revenue and PAT for Q4 FY25 was Rs 6,182 Cr and Rs 188 Cr respectively, a growth of 37% and 36% respectively. Standalone revenue (India) and PAT for Q4 FY25 was Rs 5,350 Cr and Rs 185 Cr respectively, a growth of 38% and 41% respectively. Middle East revenue and PAT for Q4 FY25 was Rs 784 Cr and Rs 12 Cr respectively, a growth of 26% and 22% respectively. Middle East revenue and PAT for Q4 FY25 was Rs 784 Cr and Rs 12 Cr respectively, a growth of 26% and 22% respectively. The lifestyle jewellery platform Candere, recorded a revenue of 28 Crs and net loss of 12 Crs for Q4 FY25. Mr Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India Limited said, 'We had an excellent start to the current financial year despite continuing volatility in gold prices carrying forward the momentum in business from the previous financial year. We witnessed robust growth in our Akshaya Tritiya sale this year and we continue to see encouraging momentum in consumer demand, especially around the wedding purchases during the current quarter." First Published: May 09, 2025, 14:27 IST
Mint
09-05-2025
- Business
- Mint
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.
