Kalyan Jewellers
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TFW Bureau Jan 13, 2025 - 2 min readKalyan Jewellers has expanded its retail footprint in India by opening its 15th showroom in Delhi NCR at Omaxe Chowk, Chandni Chowk. The new store was inaugurated by Bollywood actor Saif Ali Khan and features a wide selection of jewellery designs from Kalyan Jewellers' various collections. Saif Ali Khan said, “I am pleased to be present ...
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TFW Bureau Jan 08, 2025 - 1 min readKalyan Jewellers has said its consolidated revenue increased 39 per cent year-on-year during the third quarter of the current fiscal, driven by strong festive and wedding demand. The company reported a consolidated net revenue of Rs 5,223.07 crore in the third quarter (October-December) of the previous fiscal. India operations saw a 41 per cent revenue ...
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Beny Sachdeva Dec 30, 2024 - 3 min readVipul Shah, Chairman, GJEPC, met with Hon'ble Finance Minister Smt. Nirmala Sitharaman recently during a pre-budget consultation held in Delhi. During the meeting, Shah presented key recommendations on behalf of the gem and jewellery industry, aimed at fostering growth, enhancing global competitiveness, and addressing the industry's critical challenges. Vipul Shah, Chairman, GJEPC said, "We thank ...
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TFW Bureau Oct 09, 2024 - 2 min readJewellery retailer Kalyan Jewellers on Monday said its revenue from India operations witnessed an year-on-year growth of around 39% during the second quarter of 2024-25, led by robust footfalls across markets with a healthy same-store-sales-growth. "Our India operations witnessed revenue growth of approximately 39% during the second quarter of fiscal 2025, compared to the same ...
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TFW Bureau Jul 09, 2024 - 1 min readKalyan Jewellers has shared its result for the first quarter of FY25. The company has posted a 27 per cent year-on-year increase in consolidated revenue, driven by strong performance in both Indian and Middle Eastern markets. The company had reported a consolidated net revenue of Rs 4,376 crore in the first quarter (April-June) of the ...
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TFW Bureau Jul 01, 2024 - 1 min readKalyan Jewellers India Ltd saw its market capitalization cross Rs. 50,000 crore mark for the first-time. The company’s market cap now stands at Rs.51,772.86 cr. The Kerala headquartered jeweller retailer recorded a 52 week high in its share price, which touched Rs.546.15 during Friday’s session and closed at Rs.502.35. Since its shares’ debut in March ...
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TFW Bureau Jun 04, 2024 - 1 min readKalyan Jewellers is all set to acquire Candere wholly. The company will be acquiring the remaining 15% stake in its e-commerce subsidiary Enovate Lifestyles, which operates under the brand Candere, for Rs 42 crore in three tranches. This deal will make Candere a wholly owned unit as Kalyan Jewellers shifts focus from pure e-commerce to ...
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TFW Bureau May 13, 2024 - 1 min readProfit before tax for the quarter stood at Rs 183.67 crore, enabling the retailer to register a growth of 93.97% from Rs 94.69 crore posted in Q4 FY23. EBITDA stood at Rs 306.2 crore in fourth quarter of FY24, registering a growth of 19% as compared with Rs 256.7 crore in Q4 FY23. EBITDA margin ...
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TFW Bureau Apr 05, 2024 - 2 min readThe recently concluded quarter of Q4 FY2024 has been a very encouraging one, Kalyan Jewellers stated in its quarter update, having witnessed continued robust momentum in both footfalls and revenue across all its markets in India and the Middle East despite a sharp rise in gold price during the second half of the quarter. Q4 ...