Kalyan Jewellers has reported that its net profit in the March quarter more than doubled to ₹409 crore against ₹188 crore logged in the same period, largely due to sharp rally in gold prices.
However, on a sequential basis net profit was down two per cent compared to ₹416 crore logged in December quarter.
Revenue jumped 66 per cent to ₹10,274 crore (Rs 6,181 crore) and down marginally at ₹10,343 crore on a sequential basis.
The company has recommended a final dividend of ₹2.50 a share for FY26.
Akshaya Tritiya Sale
The international operations net profit doubled to ₹29 crore for the quarter against ₹14 crore in the same period last year. Lifestyle jewellery platform Candere, recorded a revenue of ₹131 crore and profit of ₹3 crore in the March quarter.
In FY26, the company recorded a net profit of ₹1,350 crore (₹714 crore) while revenue increased to ₹35,743 crore (₹25,045 crore).
Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India said the company witnessed strong growth in Akshaya Tritiya sale this year and continue to see encouraging momentum in consumer demand, especially around the wedding purchases during the current quarter.