Kalyan Jewellers India Limited has reported a remarkable 30% revenue growth in its recent earnings, reaching INR 7,856 crores for the quarter ended September 30, 2025. This substantial increase is attributed to robust sales during the festive season, particularly during the Navratri period, which saw strong consumer demand. The company's consolidated EBITDA rose to INR 497 crores, up from INR 319 crores in the same quarter last year, while profit after tax doubled to INR 261 crores, showcasing a 100% increase year-on-year. Kalyan Jewellers continues to show strong performance in both the Indian market and the Middle East, with India contributing INR 6,843 crores to the revenue.

In terms of operational performance, Kalyan Jewellers opened 32 new stores in the last quarter, including 15 in India and 15 under its Candere brand, expanding its footprint significantly. The company's India segment showed a remarkable profit after tax growth of 118%, reaching INR 262 crores. Meanwhile, the Middle East operations posted revenues of approximately INR 866 crores, reflecting a moderate growth compared to the previous year. Kalyan Jewellers also reported a revenue of INR 93 crores from its online jewelry platform Candere, indicating a growing segment of its business despite posting a loss for the quarter.

Despite the impressive results, Kalyan Jewellers remains cautious about future trends, particularly post-Diwali sales. However, management indicated that same-store sales growth remains strong, exceeding 30% and sustaining momentum even after the festive season. The company is on track to achieve its annual debt reduction target of INR 300 crores and aims to further monetize non-core real estate assets. Management expressed confidence in maintaining healthy profit margins, bolstered by debt repayments, and expects even better performance in the second half of the fiscal year. Overall, Kalyan Jewellers' robust financial results reflect its solid market position and growth strategy in a competitive landscape.