New Delhi, Kalyan Jewellers on Monday reported a 31 per cent year-on-year growth in consolidated revenue for the first quarter of FY2025-26 despite several disruptions in demand, mainly due to volatility in gold prices and geopolitical tensions.
The company had reported consolidated net revenue of Rs 5,557.63 crore in the first quarter (April-June) of FY2024-25.
India operations witnessed a 31 per cent revenue growth during the first quarter of FY2025-26 as compared to the first quarter of the previous year, the company said in a regulatory filing.
Revenue from global operations grew 31 per cent and contributed 15 per cent to consolidated revenue in Q1.
Revenue from Middle East operations grew 26 per cent YoY, driven primarily by same-store-sales growth, while digital platform Candere recorded 67 per cent revenue growth during Q1 FY26.
During the first quarter, the company opened 10 Kalyan showrooms and eight Candere showrooms in India and one Kalyan showroom in the US.
The company plans to launch 170 new showrooms in Kalyan and Candere formats in India and overseas in the current fiscal year.
As of June 30, 2025, the company was operating 406 showrooms across its brands.
