Kalyan Jewellers India Limited — Important, 07-04-2025: Updates

Consolidated revenue for Kalyan Jewellers in Q4 FY 2024-2025 grew approximately 37% year-on-year, showcasing resilience despite gold price volatility. India operations led the growth with a 39% increase, largely fueled by strong wedding demand, resulting in a notable same-store sales growth of around 21%. The company opened 25 new Kalyan showrooms in India during the quarter and three more in early April.

In the Middle East, revenue rose about 24%, contributing 12% to total consolidated revenue, primarily from same-store sales. However, the digital jewellery platform Candere experienced a revenue decline of 22% despite the launch of 14 new showrooms in Q4 FY 2025.

Looking ahead, Kalyan plans to open 170 showrooms in FY 2026, including 75 Franchisee Owned Company Operated locations. With promising advance collections for key celebratory events, the company seems poised for continued growth. As of March 31, 2025, the total showroom count reached 388 across India and the Middle East, indicating substantial market presence.