Kalyan Jewellers Posts 31% Revenue Growth In On Akshaya Tritiya, Wedding Demand

By BasisPoint Insight

July 8, 2025 at 7:36 AM IST

Kalyan Jewellers India Ltd.'s consolidated revenue rose nearly 31% on year in the June quarter, buoyed by strong Akshaya Tritiya sales and robust wedding demand despite volatility in gold prices and demand-side pressures.

India revenue grew about 31% on year, with same-store sales up 18%, the company said. International operations, including West Asia and the US, also reported 31% growth, with West Asia revenue up 26% on year. Global operations contributed around 15% to the consolidated topline.

Kalyan opened 19 new showrooms during the quarter and plans to launch 170 outlets under its Kalyan and Candere brands in 2025–26. As of June 30, it operated 406 showrooms across India, West Asia, and the US.