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Kalyan Jewellers Reports 26 Percent Revenue Surge in Q2 as India Business Grows
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Storyboard•07-10-2026, 09:11
Kalyan Jewellers Reports 26 Percent Revenue Surge in Q2 as India Business Grows
- •Kalyan Jewellers reported a consolidated revenue growth of over 26 percent in Q2 FY27, with India operations growing 27 percent year-on-year.
- •The India business achieved same-store-sales growth of approximately 20 percent, driven by strong performance and showroom expansion.
- •Lifestyle jewellery brand Candere recorded an impressive 64 percent revenue growth compared to the same period last year.
- •International operations grew by 18 percent, with Middle East markets contributing entirely through same-store-sales growth.
- •The company reached a balance-sheet milestone by reducing non-GML debt to zero and expanding its overall network to 546 stores.
Key Questions Answered
Kalyan Jewellers reported a consolidated revenue growth of over 26% in Q2 FY27, while its India operations grew by approximately 27% year-on-year.
Kalyan's lifestyle jewellery brand Candere recorded a revenue jump of around 64% in Q2 FY27 compared to the same period in the previous year.
As of September 30, the company's overall showroom network reached 546 stores across domestic and international markets, while its non-GML debt dropped to zero.
