Kalyan Jewellers India, one of the country’s leading jewellery retailers, announced its financial results for the September 2025 quarter on November 7 after market hours. The company posted a net profit of ₹260 crore, reflecting a 99% year-on-year surge from ₹130.3 crore in the same quarter last year. However, profit was marginally lower than the ₹264 crore recorded in Q1 FY26. Revenue from operations rose 30% year-on-year to ₹7,856 crore from ₹6,057 crore, and 8% sequentially, supported by a strong same-store sales growth (SSSG) of 16%.
In its exchange filing, Kalyan Jewellers highlighted robust growth in both footfalls and revenue across its Indian and Middle Eastern markets, with gold jewellery demand staying resilient despite record-high prices. The company also reported a 38% rise in new customer additions.
EBITDA grew 56% year-on-year to ₹497 crore, with margins improving by 100 basis points to 6.3%, though slightly lower sequentially.
As of Q2FY26, Kalyan operated 300 Kalyan showrooms (174 FOCO) and 96 Candere outlets (54 FOCO) in India, alongside 38 stores in the Middle East and 2 in the USA. The jeweller plans to focus on expanding into non-south markets and aims to open 89 new FOCO outlets in FY26, having already finalized letters of intent. Its international footprint also strengthened with the launch of its first FOCO outlet in the Middle East, bringing the total to four as of September 2025.