Kalyan Jewellers leaps 11% as Q3 revenue surges 40%

Kalyan Jewellers ' stock climbed 10 per cent to reach Rs 487 (at the time of writing) on the BSE on January 31, 2025, driven by impressive Q3 results. The company reported a 21 per cent growth in profit after tax from the previous year, supported by a 42 per cent increase in revenue from India business and 23 per cent from the Middle East operations.

Numbers at a glance

Kalyan Jewellers Q3 performance highlights

• Despite its traditional stronghold in South India, Kalyan Jewellers saw stronger growth in non-South regions. Revenue from South India grew 35 per cent from last year to Rs 2,798 crore, while non-South regions outperformed with a 48 per cent increase to Rs 3,595 crore.
• The company continued its expansion strategy, growing its Indian retail presence by 30 per cent from last year to reach 253 showrooms.
• Kalyan's e-commerce platform, Candere, demonstrated exceptional growth, with revenue soaring 90 per cent from the previous year to Rs 55 crore in Q3 FY25.

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