Kalyan Jewellers India Ltd

Profit before tax (PBT) for the quarter stood at Rs 250.61 crore, up 36.52% from the same period last year. Earnings before interest, tax, depreciation, and amortization (EBITDA) increased by 35% to Rs 399.4 crore. The EBITDA margin remained flat at 6.5% compared with the year-ago period. The company's India operations reported a PAT of Rs 185.4 crore, reflecting a 41% growth from Rs 131.3 crore in Q4 FY24. Revenue from Middle East operations rose over 26% YoY to Rs 784.5 crore, compared with Rs 622.7 crore in the corresponding quarter of the previous year. The e-commerce subsidiary, Candere, reported revenue of Rs 28 crore and a net loss of Rs 12 crore for the March 2025 quarter. Ramesh Kalyanaraman, executive director, Kalyan Jewellers India, stated, 'We had an excellent start to the current financial year despite continuing volatility in gold prices, carrying forward the momentum in business from the previous financial year. We witnessed robust growth in our Akshaya Tritiya sale this year, and we continue to see encouraging momentum in consumer demand, especially around wedding purchases during the current quarter.' Meanwhile, the Board has recommended a dividend of Rs 1.50 per equity share of Rs 10 each for the financial year ended 2025, subject to the approval of the members at the upcoming Annual General Meeting of the company. Headquartered in Kerala, Kalyan Jewellers is one of the largest jewelry retailers in India with a presence in the Middle East.Powered by Capital Market - Live

Net profit of Kalyan Jewellers India rose 36.34% to Rs 187.61 crore in the quarter ended March 2025 as against Rs 137.60 crore during the previous quarter ended March 2024. Sales rose 36.61% to Rs 6181.53 crore in the quarter ended March 2025 as against Rs 4525.01 crore during the previous quarter ended March 2024. For the full year,net profit rose 19.66% to Rs 714.80 crore in the year ended March 2025 as against Rs 597.35 crore during the previous year ended March 2024. Sales rose 35.27% to Rs 25045.07 crore in the year ended March 2025 as against Rs 18515.55 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales6181.534525.01 37 25045.0718515.55 35 OPM %6.466.55 -6.066.91 - PBDT343.93257.23 34 1302.321063.13 22 PBT250.61183.67 36 959.60788.83 22 NP187.61137.60 36 714.80597.35 20 Powered by Capital Market - Live

Kalyan Jewellers India announced that the Board of Directors of the Company at its meeting held on 8 May 2025, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 15%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Kalyan Jewellers India will hold a meeting of the Board of Directors of the Company on 8 May 2025.Powered by Capital Market - Live

The company's India operations witnessed revenue growth of approximately 39% during Q4 FY2025 as compared to Q4 FY2024, driven primarily by robust wedding demand. The quarter recorded healthy same-store-sales-growth of approximately 21%. The company launched 25 Kalyan showrooms in India during the recently concluded quarter, and another 3 showrooms during the first week of April 2025. In the Middle East, the company witnessed revenue growth of approximately 24% when compared to the same period in the previous financial year driven primarily by same-store-sales-growth. Middle East contributed approximately 12% to its consolidated revenue for the recently concluded quarter. The company's digital-first jewellery platform, Candere, recorded a revenue de-growth of approximately 22% during the recently concluded quarter as compared to the same period during the last year. During the quarter, the company launched 14 Candere showrooms. As of 31st March 2025, the total numbers of showrooms across India and the Middle East stood at 388 (Kalyan India ' 278, Kalyan Middle East ' 36, Kalyan USA ' 1, Candere ' 73). 'We are upbeat about the ongoing quarter and are witnessing encouraging trends in the advance collections for both Akshaya Tritiya as well as for wedding purchases for the festive/wedding season,' the company stated in its exchange filing. The company stated that, as previously communicated, it had drawn up plans to launch 170 showrooms across the Kalyan and Candere formats in FY 2026. This includes 75 Kalyan showrooms, all under the FOCO (Franchisee Owned, Company Operated) model, in non-South India'of which five would be larger-format flagship showrooms'along with 15 Kalyan showrooms, also FOCO, across South India and international markets. Additionally, the company planned to open 80 Candere showrooms across India. It further informed that it had completed the signing of Letters of Intent (LOIs) for all FOCO showrooms planned for the year within India. Headquartered in Thrissur in the state of Kerala, Kalyan Jewellers is one the largest jewellery retailers in India with a presence in the Middle East and the USA. The company's consolidated net profit jumped 21.2% to Rs 218.82 crore in Q3 FY25 as compared with Rs 180.61 crore in Q3 FY24. Net sales increased 39.5% YoY to Rs 7,286.88 crore in Q3 FY25. The scrip declined 4.15% to Rs 466.90 on the BSE.Powered by Capital Market - Live

Wockhardt Ltd, Navin Fluorine International Ltd, Jupiter Wagons Ltd and AGI Greenpac Ltd are among the other gainers in the BSE's 'A' group today, 31 January 2025.Kalyan Jewellers India Ltd spiked 10.27% to Rs 485.5 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 21.58 lakh shares were traded on the counter so far as against the average daily volumes of 11.84 lakh shares in the past one month. Wockhardt Ltd surged 9.17% to Rs 1405. The stock was the second biggest gainer in 'A' group. On the BSE, 1.45 lakh shares were traded on the counter so far as against the average daily volumes of 33860 shares in the past one month. Navin Fluorine International Ltd soared 7.69% to Rs 4205.95. The stock was the third biggest gainer in 'A' group. On the BSE, 75154 shares were traded on the counter so far as against the average daily volumes of 8261 shares in the past one month. Jupiter Wagons Ltd rose 7.61% to Rs 383.85. The stock was the fourth biggest gainer in 'A' group. On the BSE, 11.95 lakh shares were traded on the counter so far as against the average daily volumes of 3.16 lakh shares in the past one month. AGI Greenpac Ltd added 7.61% to Rs 792.1. The stock was the fifth biggest gainer in 'A' group. On the BSE, 23775 shares were traded on the counter so far as against the average daily volumes of 28401 shares in the past one month. Powered by Capital Market - Live

Consolidated PAT growth would be 44% adjusting for the loss due to reduction in customs duty (announced during Union Budget in July 2024), stated the firm. Revenue from operations increased 39.51% YoY to Rs 7,287 crore in the quarter ended 31 December 2024. Profit before tax (PBT) stood at Rs 293.56 crore in the December 2024 quarter, up 23.06% YoY. EBITDA stood at Rs 438.80 crore in the third quarter of FY25, registering a growth of 18.65% as compared with Rs 369.80 crore posted in the corresponding quarter last year. EBITDA margin stood at 6% in Q3 FY25 as against 7.1% in Q3 FY24. The India operations reported a PAT of Rs 218 crore for the quarter, compared to a PAT of Rs 168 crore for the same period last year. Adjusting for the customs duty loss, the PAT growth would be 54%. The total revenue from Middle East operations in Q3 FY25 was Rs 840 crore, compared to Rs 683 crore in Q3 FY24, reflecting a growth of over 23%. The e-commerce division, Candere, generated revenue of Rs 55 crore in Q3 FY25 compared to Rs 29 crore in Q3 FY24. However, the company incurred a loss of Rs 6.9 crore in Q3 FY25, compared to a loss of Rs 1.6 crore in Q3 FY24. Ramesh Kalyanaraman, executive director, Kalyan Jewellers India, stated, 'We are extremely excited about the progress made this year. Despite the volatility in gold prices, the current quarter has started off strong. We are optimistic about the ongoing wedding season and expect to close the financial year on a high note. We are also on track to launch 30 Kalyan showrooms and 15 Candere showrooms across India this quarter.' Headquartered in Kerala, Kalyan Jewellers is one of the largest jewelry retailers in India with a presence in the Middle East. Powered by Capital Market - Live

Net profit of Kalyan Jewellers India rose 21.16% to Rs 218.82 crore in the quarter ended December 2024 as against Rs 180.61 crore during the previous quarter ended December 2023. Sales rose 39.51% to Rs 7286.88 crore in the quarter ended December 2024 as against Rs 5223.08 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales7286.885223.08 40 OPM %6.027.08 - PBDT382.52308.28 24 PBT293.56238.55 23 NP218.82180.61 21 Powered by Capital Market - Live

Central Bank of India, Indian Overseas Bank, Network 18 Media & Investments Ltd and Surya Roshni Ltd are among the other losers in the BSE's 'A' group today, 15 January 2025.Kalyan Jewellers India Ltd crashed 8.33% to Rs 547.1 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 13.13 lakh shares were traded on the counter so far as against the average daily volumes of 3.28 lakh shares in the past one month.Central Bank of India tumbled 7.69% to Rs 51.24. The stock was the second biggest loser in 'A' group.On the BSE, 19.34 lakh shares were traded on the counter so far as against the average daily volumes of 4.24 lakh shares in the past one month.Indian Overseas Bank lost 7.60% to Rs 50. The stock was the third biggest loser in 'A' group.On the BSE, 15.42 lakh shares were traded on the counter so far as against the average daily volumes of 5.14 lakh shares in the past one month.Network 18 Media & Investments Ltd slipped 6.85% to Rs 57.28. The stock was the fourth biggest loser in 'A' group.On the BSE, 10.84 lakh shares were traded on the counter so far as against the average daily volumes of 2.63 lakh shares in the past one month.Surya Roshni Ltd corrected 6.66% to Rs 261.9. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.55 lakh shares were traded on the counter so far as against the average daily volumes of 39206 shares in the past one month.Powered by Capital Market - Live

This follows a sharp 27.31% drop over the past seven trading sessions, culminating on Monday, 13 January 2025. The stock did see a slight recovery on 14 January, rebounding 4.22%. The stock has corrected almost 31% from its record high of Rs 794.60 hits on 2 January 2025. Kalyan Jewellers on 14 January held a investors call to justify the falling share price. The company emphasized that its strong performance, including a 39% year-over-year growth in sales in Q3FY25 and an upward revision of its store expansion plans, does not reflect the current market sentiment. The Q3 quarter recorded healthy same-store-sales-growth of approximately 24%. It launched 24 Kalyan showrooms in India during the recently concluded quarter and plan to roll-out plan of 80 Kalyan showrooms and 50 Candere showrooms in India for FY 2025. For FY 2026, it has drawn up plans to launch 170 showrooms across Kalyan and Candere formats. The company confirmed that there is no FIR (First Information Report) filed against any of its promoters. The company acknowledged inventory losses, stating that the majority of these losses were incurred in the second quarter of the fiscal year. Kalyan Jewellers reiterated that its business operations are sound and that store expansion plans are progressing as anticipated. The company attributed the recent share price decline to market factors and emphasized that it has no direct influence on these fluctuations. The company's board will consider Q3 results on 30 January 2025. Headquartered in Kerala, Kalyan Jewellers is one the largest jewellery retailers in India with a presence in the Middle East. The company's consolidated net profit declined 3.43% to Rs 130.61 crore in Q2 FY25 as compared with Rs 135.25 crore posted in Q2 FY24. Revenue from operations increased 37.4% YoY to Rs 6,065.48 crore in the quarter ended 30 September 2024. Powered by Capital Market - Live