Kalyan Jewellers India has recorded consolidated revenue growth of around 39% for the quarter ended December 31, 2024 (Q3FY25) when compared to the same period in the previous financial year. Its India operations witnessed revenue growth of approximately 41% during Q3FY25 as compared to Q3FY24, led by very strong festive and wedding demand across both gold and studded categories. The quarter recorded healthy same-store-sales-growth of approximately 24%.
The company has launched 24 Kalyan showrooms in India during the recently concluded quarter, with a strong pipeline of showrooms set to open over the course of the current quarter. In the Middle East, the company witnessed revenue growth of approximately 22% for Q3FY25 when compared to the same period in the previous financial year. Middle East contributed around 11% to its consolidated revenue for the recently concluded quarter.
Its digital-first jewellery platform, Candere, recorded a revenue growth of approximately 89% during the recently concluded quarter as compared to the same period during the last year. During the current quarter, the company plans to launch 30 Kalyan showrooms and 15 Candere showrooms in India keeping company ahead of its announced showroom roll-out plan of 80 Kalyan showrooms and 50 Candere showrooms in India for FY 2025.
Kalyan Jewellers India designs and manufactures gold, diamonds, stones, and other precious metal jewelry products. The company serves customers worldwide.
| Company Name | CMP |
|---|---|
| Titan Co | 4458.30 |
| Kalyan Jewell.India | 412.60 |
| Rajesh Exports | 129.02 |
| Senco Gold | 323.80 |
| Thangamayil Jeweller | 3790.40 |
| View more.. | |
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