Kalyan Jewellers’ Performance Analyzed
Kalyan Jewellers, a big jewelry store in India, the Middle East, and the US, had a really good quarter. Their stock price went up by 5.01%, showing investors are happy with how they’re doing. This jump was mainly because they sold a lot more jewelry, and their online shop was doing incredibly well.
Key Points
- Strong festive sales boosted Kalyan Jewellers’ revenue significantly.
- Digital platform Candere grew by 147% year-over-year.
- India operations increased revenue by 42% due to demand.
- Middle East sales rose 28% driven by strong same-store sales.
- International markets contributed 11% to overall revenue growth.
- Total showrooms increased to 469 across all locations.
India’s Strong Performance
The part of Kalyan Jewellers that operates in India did especially well. They saw a 42% increase in sales compared to the same time last year. This was largely thanks to lots of people buying jewelry during festivals and their online shop, Candere, growing a lot.
What About Gold Prices?
Even though gold prices went up and down a little, people still wanted to buy jewelry. The demand was strong across different types of jewelry like plain gold and jewelry with gems.
Online Shopping is a Hit
Their online shop, Candere, was a huge success. Sales jumped by 147% compared to the previous year. This shows a lot of people are now buying jewelry online, which is great for the company.
Worldwide Success
Kalyan Jewellers isn’t just in India; they also have stores in the Middle East and the US. In the Middle East, sales went up 28%, and internationally, they made up about 11% of their total sales.
Numbers to Know
As of December 31, 2025, Kalyan Jewellers had 318 stores in India, 38 in the Middle East, 2 in the US, 1 in the UK, and 110 on their online platform, Candere. They have a total of 469 stores worldwide.
“Kalyan Jewellers’ success demonstrates the enduring appeal of gold and jewelry in diverse markets.”
