Shares of rallied 7 per cent before settling with 4 per cent gains as it reported a strong performance for the third quarter of FY26, registering consolidated revenue growth of approximately 42 per cent compared with the same period last year, supported by robust festive demand and broad-based growth across product categories.
It ended 4.12 per cent positive at ₹520.75 on the NSE, hitting an intraday high of ₹535, against the previous close of ₹500.15.
Kalyan Jewellers attributed the sharp rise in revenue to strong consumer demand during the festive season and sustained buying interest even after Diwali, despite volatility in gold prices.
The company’s domestic operations recorded revenue growth of around 42 per cent in Q3FY26 over Q3FY25. According to Kalyan Jewellers, demand remained resilient across both plain gold and studded jewellery categories, while the quarter delivered healthy same-store sales growth of approximately 27 per cent.
International operations also contributed meaningfully to overall performance, with revenues rising by about 36 per cent y-o-y during the quarter, it added. Within the Middle East, revenue grew by nearly 28 per cent, driven largely by strong same-store sales growth. International markets accounted for roughly 11 per cent of consolidated revenue in the quarter, the company said.
Kalyan Jewellers’ digital-first jewellery platform, Candere, posted revenue growth of approximately 147 per cent compared with the same quarter last year, reflecting rising traction in the online and omni-channel jewellery segment.
Store expansion remained a key focus during the quarter. The company launched 21 new Kalyan showrooms in India, one showroom in the UK, and 14 Candere showrooms across India.
As of December 31, 2025, Kalyan Jewellers’ total showroom count stood at 469 across India and international markets, comprising 318 Kalyan showrooms in India, 38 in the Middle East, two in the US, one in the UK, and 110 Candere showrooms, the company said.