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Kalyan Jwellers
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CNBC Awaaz•07-10-2026, 09:57
Kalyan Jewellers Q2 Revenue Surges 26 Percent, Stock Jumps Over 3 Percent
  • •Consolidated revenue for the July-September quarter increased by more than 26 percent compared to the same period last year.
  • •Revenue from the India business grew by around 27 percent driven by strong same-store sales and positive momentum.
  • •International business revenue grew by about 18 percent, contributing roughly 11 percent to total consolidated revenue.
  • •Lifestyle jewelry brand Candere recorded a massive revenue growth of about 64 percent compared to last year.
  • •The company expanded its retail presence by opening multiple new showrooms and successfully reduced non-GML debt to zero.

Key Questions Answered

Kalyan Jewellers reported that its consolidated revenue for the July-September quarter (Q2 FY27) increased by more than 26 percent compared to the same quarter last year.

The India business revenue grew by around 27 percent during the second quarter, while the international business revenue grew by approximately 18 percent.

As of September 30, 2026, the company operated a total of 546 showrooms across India and international markets, which included 365 in India, 38 in West Asia, 2 in the US, 2 in the UK, and 138 Candere showrooms.