Kalyan Jewellers announced its financial results for the second quarter of the fiscal year 2025 (Q2 FY25), showcasing solid growth in revenue and profitability.
Q2 FY25 Financial Highlights:
- Revenue from Operations: The company’s revenue for Q2 FY25 stood at ₹6,065.48 crore, marking a significant 37.3% increase year-over-year (YoY) compared to ₹4,414.53 crore in the same quarter last year. On a sequential basis, revenue rose by 9.7% from ₹5,335.47 crore in Q1 FY25.
- Net Profit: Kalyan Jewellers reported a net profit of ₹130.29 crore for Q2 FY25, reflecting a YoY decline of 3.9% over the ₹134.87 crore recorded in Q2 FY24. However, the net profit saw a decline of 26.6% compared to ₹177.55 crore in the previous quarter, Q1 FY25.
Analysis and Outlook:
The company’s strong YoY revenue growth highlights its resilience and effective strategies in capturing market demand, despite economic challenges. The quarter’s performance showcases Kalyan Jewellers’ ability to adapt to market dynamics, with a focus on expanding its footprint and strengthening its brand in the jewelry sector.
As the festive season approaches, Kalyan Jewellers is expected to witness continued demand momentum, backed by consumer spending on gold and diamond jewelry.
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