Kalyan Jewellers profit more than doubles in Q4; revenue crosses ₹10,000 crore

Akshaya Tritiya sales remained strong and demand continues to be encouraging, especially for wedding purchases, says Ramesh Kalyanaraman.
Ramesh Kalyanaraman
Ramesh Kalyanaraman
Updated on
1 min read

Kalyan Jewellers India Ltd reported a sharp rise in earnings for the fourth quarter of FY26, helped by strong wedding demand and robust sales growth across India and overseas markets.

The company’s consolidated net profit jumped 118 percent year-on-year to ₹409.5 crore in the March quarter, compared with ₹187.6 crore in the same period last year.

Consolidated revenue from operations rose 66.2 percent to ₹10,274.9 crore from ₹6,181.5 crore a year earlier.

Key highlights

  • Net profit rose 118 percent to ₹409.5 crore

  • Revenue increased 66.2 percent to ₹10,274.9 crore

  • EBITDA climbed 84.2 percent to ₹735.7 crore

  • EBITDA margin improved to 7.2 percent from 6.5 percent

  • Final dividend of ₹2.5 per share recommended

The proposed dividend is subject to shareholder approval at the company’s upcoming annual general meeting.

India business drives growth

Kalyan Jewellers said its standalone India business delivered strong performance during the quarter.

  • India revenue rose 68 percent to ₹8,994 crore

  • Profit after tax from India operations increased 97 percent to ₹366 crore

The company attributed the growth to strong consumer demand, particularly in the wedding jewellery segment.

Overseas operations remain strong

International operations also posted healthy growth during the quarter.

  • Overseas revenue increased 43 percent to ₹1,157 crore

  • International profit after tax rose to ₹29 crore from ₹14 crore a year ago

Lifestyle jewellery platform Candere reported revenue of ₹131 crore and a profit of ₹3 crore during the quarter.

Management commentary

Ramesh Kalyanaraman, executive director, said the company ended FY26 on a strong note and carried the momentum into the new financial year.

He said Akshaya Tritiya sales remained strong and demand continued to be encouraging, especially for wedding purchases.

Share price movement

Kalyan Jewellers shares closed 3.37 percent higher on the BSE on Friday.

  • Intraday high: ₹428.80

  • Intraday low: ₹407.15

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