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Kalyan Jewellers reports robust 38% revenue growth in H1 FY27

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Kalyan Jewellers India Limited has reported a significant increase in its financial performance for the first half of the fiscal year 2027. The company recorded a consolidated revenue of Rs 20,912 crore, marking a 38% growth compared to Rs 15,125 crore in the corresponding period of the previous year. The company’s profit after tax (PAT) also saw a substantial rise, reaching Rs 776 crore, which represents a 48% increase from Rs 525 crore in the same period last year.

For the second quarter of FY27, Kalyan Jewellers reported consolidated revenue of Rs 10,323 crore and a PAT of Rs 427 crore. This reflects a growth of 31% and 64% respectively, compared to the same quarter in the previous year. The standalone revenue for India during the second quarter was Rs 9,007 crore, with a PAT of Rs 424 crore, indicating a growth of 32% and 62% respectively.

Ramesh Kalyanaraman, Executive Director of Kalyan Jewellers, expressed optimism about the ongoing festive quarter, highlighting strong sales during Navratri and Dhanteras. He noted that the company is upbeat about the upcoming wedding season and anticipates concluding the quarter on a positive note.

Kalyan Jewellers, headquartered in Thrissur, Kerala, is one of India’s largest jewellery retailers, with a substantial presence in the Middle East, the United States, and the United Kingdom. The company has been a prominent player in the Indian market for over three decades, known for its quality, transparency, pricing, and innovation. With 546 showrooms worldwide, Kalyan Jewellers continues to cater to diverse customer needs with its wide range of traditional and contemporary jewellery designs.

Analysts view Kalyan Jewellers’ performance as a reflection of the strong demand for jewellery in the Indian market, driven by festive and wedding seasons. The company’s strategic expansion and focus on customer preferences are expected to sustain its growth trajectory in the coming quarters.

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