Kalyan Jewellers Q1 Results | Net profit jumps 49% to ₹264 crore on higher turnover, better margins

Thrissur-based jewellery retailer Kalyan Jewellers India Ltd on Thursday (August 7) reported a 48.6% year-on-year (YoY) jump in net profit at ₹264 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, Kalyan Jewellers India posted a net profit of ₹177.7 crore.The company’s revenue from operations surged 31.5% to ₹7,268.4 crore as against ₹5,527.8 crore in the corresponding period of the preceding fiscal.

At the operating level, EBITDA jumped 89.3% to ₹508 crore in the first quarter of this fiscal over ₹268.3 crore in the corresponding period in the previous fiscal. EBITDA margin stood at 7% in the reporting quarter as compared to 6.7% in the corresponding period in the previous fiscal.

Also Read: After a 10% lower circuit on Wednesday, Kalyan Jewellers shares extend losses
The company reported that its international operations recorded revenue of ₹1,070 crore for the first quarter of FY26, reflecting a 32% growth compared to the same period in the previous financial year.Revenue from the Middle East stood at ₹1,026 crore in Q1 FY26, marking a 27% year-on-year increase. Profit after tax from the region came in at ₹22 crore, registering an 18% growth. The company’s lifestyle jewellery platform, Candere, posted revenue of ₹66 crore and a net loss of ₹10 crore for the quarter.

Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India, said, “We have started off the ongoing quarter well despite continuing volatility in gold prices and a higher base. We are upbeat about the upcoming festive season across the country and are gearing up for the launch of fresh collections and campaigns.”

Also Read: Kalyan Jewellers shares are a ‘buy’, as per JM Financial; Valuations still at discount to peers

The results came after the close of the market hours. Shares of Kalyan Jewellers India Ltd ended at ₹590.75, up by ₹1.75 or 0.30% on the BSE.