Kalyan Jewellers India Limited reported consolidated revenue of Rs 11,601 Cr for H1 FY25, marking a 32% increase from Rs 8,790 Cr in the previous year. The company’s consolidated PAT for the first half stands at Rs 308 Cr, up from Rs 278 Cr. Q2 FY25 saw revenue of Rs 6,065 Cr and PAT of Rs 130 Cr, affected by a one-time loss of Rs 69 Cr due to a reduction in customs duty.
In India, standalone revenue reached Rs 9,914 Cr, a 34% rise, with PAT of Rs 285 Cr compared to Rs 254 Cr last year. Revenue from the Middle East was Rs 1,611 Cr, up 21%, with a PAT of Rs 33 Cr. The e-commerce division, Candere, generated Rs 80 Cr, though it recorded a loss of Rs 6 Cr.
The company expressed optimism about ongoing footfalls during the wedding season and reported same-store sales growth (SSSG) exceeding 20% during the Diwali season, suggesting a positive outlook for the end of the calendar year.