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The company said its international operations recorded approximately 18% revenue growth during the quarter. Revenue from the Middle East business rose around 12%, driven entirely by same-store sales growth. International markets contributed approximately 11% to consolidated revenue.
The company's lifestyle jewellery brand Candere reported approximately 64% revenue growth during Q2 FY27 compared with the corresponding period last year.
During the quarter, Kalyan Jewellers launched 12 showrooms in India, taking the net addition to 11, along with nine Candere stores in India and one Kalyan showroom in the UK.
The company also launched its first regional brand, Akshaya Thanga Maligai (ATM), in Chennai in August. Kalyan Jewellers said the brand has received encouraging customer response and recorded strong revenue traction in its first 40-plus days of operations. It plans to open four more ATM showrooms under the franchise model during the current financial year.
During the recently concluded quarter the company completed the sale of one of the two identified parcels of non-core real estate assets, held for sale, with value of approximately Rs 86 crore. It expects to complete the sale of the second one valued at approximately Rs 16 crore during the ongoing quarter. The quarter also saw non-GML debt coming down to zero.
The company said it remains optimistic about the upcoming festive and wedding season and is preparing for the period with new collections, marketing campaigns and showroom launches.
As of 30 September 2026, the company had 546 showrooms across India and international markets, including 365 Kalyan India stores, 38 Kalyan Middle East stores, two each in the US and UK, and 138 Candere stores.
Kalyan Jewellers India is a leading international retail jewellery chain, into the manufacture and retailing of primarily gold and precious stone studded jewelleries.
The company reported a 32.02% increase in consolidated net profit to Rs 348.66 crore on a 45.68% rise in revenue from operations to Rs 10,588.92 crore in Q1 FY27 compared with Q1 FY26.
Asian Paints Ltd rose 1.17% today to trade at Rs 2472.9. The BSE Consumer Durables index is up 0.48% to quote at 61284.06. The index is down 5.73 % over last one month. Among the other constituents of the index, Kalyan Jewellers India Ltd increased 0.61% and Titan Company Ltd added 0.49% on the day. The BSE Consumer Durables index went up 1.38 % over last one year compared to the 9.08% fall in benchmark SENSEX.
Asian Paints Ltd has lost 6.03% over last one month compared to 5.73% fall in BSE Consumer Durables index and 3.52% drop in the SENSEX. On the BSE, 1088 shares were traded in the counter so far compared with average daily volumes of 17707 shares in the past one month. The stock hit a record high of Rs 2985.5 on 04 Dec 2025. The stock hit a 52-week low of Rs 2116 on 23 Mar 2026.
Kalyan Jewellers India Ltd rose 1.47% today to trade at Rs 606.8. The BSE Consumer Durables index is up 0.43% to quote at 65843.09. The index is up 8.03 % over last one month. Among the other constituents of the index, Berger Paints India Ltd increased 0.43% and Havells India Ltd added 0.26% on the day. The BSE Consumer Durables index went up 9.67 % over last one year compared to the 2.61% fall in benchmark SENSEX.
Kalyan Jewellers India Ltd has added 62.09% over last one month compared to 8.03% gain in BSE Consumer Durables index and 2.63% rise in the SENSEX. On the BSE, 2 lakh shares were traded in the counter so far compared with average daily volumes of 40.13 lakh shares in the past one month. The stock hit a record high of Rs 649 on 30 Jul 2026. The stock hit a 52-week low of Rs 327.15 on 11 Jun 2026.
Profit before tax (PBT) rose 31.68% year on year to Rs 464.81 crore during the quarter.
Gross profit increased 25% YoY to Rs 1,263.8 crore. However, the gross profit margin declined to 11.9% from 13.9% in the corresponding quarter of the previous fiscal.
The company said the gross margin in its India business was impacted by a higher proportion of exchanged gold, promotional offers under its exchange campaign, and a one-off gain from platinum and silver sales in the base quarter (Q1 FY26).
EBITDA rose 25% year on year to Rs 632.5 crore, while EBIT increased 26% YoY to Rs 517.5 crore.
As of 30 June 2026, Kalyan Jewellers operated 354 Kalyan showrooms in India, including 234 franchise-owned, company-operated (FOCO) outlets. Its digital-first brand, Candere, had 129 showrooms, of which 73 were FOCO outlets.
Internationally, the company operated 38 Kalyan showrooms in the Middle East, two in the US and one FOCO showroom in the UK.
The scrip fell 3.40% to Rs 573.80 on the BSE.