Kalyan Jewellers India has witnessed consolidated revenue growth of over 105% in Q1FY23 as compared to the same period in the previous financial year. The recently concluded quarter has been a positive one for Kalyan Jewellers, having witnessed continued robust momentum in both footfalls and revenue across all markets in India and Middle East. The company has witnessed revenue growth of over 115% for India operations during the recently concluded quarter, as compared to Q1FY22.
In the Middle East, the company continued to witness strong revenue momentum driven largely by the overall recovery in the economic activity in the region and the return of tourist traffic, which has been visible over the past several quarters.
Kalyan Jewellers India designs and manufactures gold, diamonds, stones, and other precious metal jewelry products. The company serves customers worldwide.