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Kalyan Jewellers Q2 Revenue Surges 27 Percent Outpacing Titan
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CNBC TV18•07-10-2026, 09:18
Kalyan Jewellers Q2 Revenue Surges 27 Percent Outpacing Titan
- •Kalyan Jewellers reported a revenue growth of approximately 27 percent for its India operations in the second quarter.
- •Same-store-sales-growth for the September quarter stood at approximately 20 percent.
- •The Candere brand recorded revenue growth of around 64 percent during the quarter under review.
- •The company completed the sale of a non-core real estate asset worth ₹86 crore and reduced its non-gold metal debt to zero.
Key Questions Answered
Kalyan Jewellers reported a revenue growth of approximately 27% for its India operations and a same-store-sales-growth (SSSG) of around 20% for the September quarter.
Kalyan Jewellers' revenue growth of approximately 27% for its India operations was higher than its peer Titan, which reported a 22% revenue growth during the same quarter compared to last year.
Kalyan Jewellers completed the sale of one non-core real estate asset parcel valued at approximately ₹86 crore, expects to sell the second parcel valued around ₹16 crore during the ongoing quarter, and reduced its non-gold metal debt to zero.
