Kalyan Jewellers shares gained nearly 3% in early trade today after the company posted strong Q4 results, highlighting robust growth in profit and revenue. As of 9:44 AM, the shares were trading 2.52% higher at Rs 525.30.
The Kerala-based jewellery major reported a 36.5% year-on-year (YoY) increase in net profit for the March quarter at ₹187.6 crore, up from ₹137.4 crore in the same period last year. Revenue for the quarter rose by 36.6% YoY to ₹6,181.5 crore, compared to ₹4,525 crore in Q4 FY24.
Operational performance remained strong, with EBITDA rising 34.8% YoY to ₹399 crore from ₹296 crore. However, margins saw a slight contraction of 10 basis points, with EBITDA margin declining to 6.5% from 6.6% in the previous year.
Kalyan Jewellers opened at ₹501.10 today, touching a high of ₹527.50 and a low equal to its opening price. Despite current movements, the stock has shown significant volatility over the past year, with a 52-week high of ₹795.40 and a low of ₹336.05.
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