Kalyan Jewellers had a strong start to FY26, with consolidated revenue for Q1 touching ₹7,268 crore—up 31% from ₹5,528 crore in the same quarter last year. The company’s consolidated net profit also jumped 49% to ₹264 crore, compared to ₹178 crore a year ago.
In India, standalone revenue stood at ₹6,142 crore, also marking a 31% increase. Profit from Indian operations rose even more sharply, climbing 55% to ₹256 crore.
Internationally, the company saw impressive numbers as well. Revenue from its global operations hit ₹1,070 crore, up 32% year-on-year. In the Middle East alone, revenue grew 27% to ₹1,026 crore, while profit there rose 18% to ₹22 crore.
On the other hand, its online lifestyle jewellery platform Candere recorded ₹66 crore in revenue but posted a net loss of ₹10 crore during the quarter.
Commenting on the performance, Ramesh Kalyanaraman, Executive Director of Kalyan Jewellers, said the company is off to a solid start this quarter despite gold price fluctuations and a higher base. He added that they’re optimistic about the upcoming festive season and are preparing to launch new collections and campaigns across India.
