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Shares of Kalyan Jewellers India Ltd. opened with gains of 2% after the Thrissur-based jewellery maker posted its third quarter business update.
Kalyan Jewellers reported a consolidated revenue growth of about 42% in the third quarter of FY26, compared with the same period last year. The company strong momentum across both domestic and international operations during the quarter.
In India, revenue also rose 42% year-on-year in Q3 FY26, largely supported by healthy festive demand.
Demand after Diwali remained strong despite volatility in gold prices, with growth seen across both plain gold and studded jewellery.
The company reported a same-store-sales-growth of around 27% for the quarter.
International operations posted revenue growth of 36% compared with the year-ago period. Within the Middle East, revenue increased by about 28% year-on-year, driven mainly by strong same store sales growth.
Overseas markets accounted for roughly 11% of Kalyan Jewellers' consolidated revenue in the quarter.
The company's digital-first jewellery platform, Candere, continued to outperform, recording revenue growth of around 147% compared with the same period last year.
During the quarter, Kalyan Jewellers expanded its retail footprint by opening 21 Kalyan showrooms in India, one showroom in the United Kingdom, and 14 Candere stores across India.
As of December 31, 2025, the company operated a total of 469 showrooms across India and international markets. This includes 318 Kalyan stores in India, 38 in the Middle East, two in the US, one in the UK, and 110 Candere outlets.
Kalyan Jewellers reported a consolidated revenue growth of about 42% in the third quarter of FY26, compared with the same period last year. The company strong momentum across both domestic and international operations during the quarter.
In India, revenue also rose 42% year-on-year in Q3 FY26, largely supported by healthy festive demand.
Demand after Diwali remained strong despite volatility in gold prices, with growth seen across both plain gold and studded jewellery.
The company reported a same-store-sales-growth of around 27% for the quarter.
International operations posted revenue growth of 36% compared with the year-ago period. Within the Middle East, revenue increased by about 28% year-on-year, driven mainly by strong same store sales growth.
Overseas markets accounted for roughly 11% of Kalyan Jewellers' consolidated revenue in the quarter.
The company's digital-first jewellery platform, Candere, continued to outperform, recording revenue growth of around 147% compared with the same period last year.
During the quarter, Kalyan Jewellers expanded its retail footprint by opening 21 Kalyan showrooms in India, one showroom in the United Kingdom, and 14 Candere stores across India.
As of December 31, 2025, the company operated a total of 469 showrooms across India and international markets. This includes 318 Kalyan stores in India, 38 in the Middle East, two in the US, one in the UK, and 110 Candere outlets.
