Kalyan Jewellers India's Q2 FY 2025-26 Quarterly Results

Result Summary

• Kalyan Jewellers India Ltd reported a 8.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 29.8%.
• Its expenses for the quarter were up by 8.6% QoQ and 27.8% YoY.
• The net profit decreased 1.4% QoQ and increased 99.9% YoY.
• The earnings per share (EPS) of Kalyan Jewellers India Ltd stood at 2.52 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Kalyan Jewellers India Ltd is a prominent player in the Indian jewelry industry, known for its extensive range of gold, diamond, and other precious stone jewelry. The company operates through a wide network of showrooms across India and the Middle East, catering to a diverse customer base. Established in 1993, Kalyan Jewellers has grown into one of the largest jewelry retailers in India, offering traditional and contemporary designs. The company is renowned for its transparent pricing and high-quality products. While detailed information on any recent major developments was not provided, Kalyan Jewellers continues to expand its presence to new markets while enhancing its product offerings.

Revenue

During the second quarter of FY26, Kalyan Jewellers India Ltd reported a total income of ₹7907.44 crores, indicating an increase of 8.1% from the previous quarter (Q1FY26) and a substantial rise of 29.8% year-over-year (YoY) from Q2FY25. This significant increase reflects the company's robust performance in the jewelry market, driven by factors that include consumer demand and possibly expansion of showrooms or product lines. The increase in total income showcases the company's ability to generate substantial revenue growth within a competitive industry.

Profitability

For Q2FY26, Kalyan Jewellers reported a Profit Before Tax (PBT) of ₹350.26 crores, which represents a slight decline of 0.8% compared to the previous quarter, but a notable increase of 96.8% from the same quarter in the previous year. The Profit After Tax (PAT) stood at ₹260.51 crores, showing a marginal decrease of 1.4% from Q1FY26, yet nearly doubling from Q2FY25 with a YoY growth of 99.9%. Earnings Per Share (EPS) followed a similar pattern, with a minor decrease of 1.6% QoQ but a significant increase of 98.4% YoY. These metrics reflect the company's strong profitability growth over the past year, despite slight quarterly fluctuations.

Operating Metrics

Kalyan Jewellers' total expenses for Q2FY26 amounted to ₹7557.18 crores, marking an increase of 8.6% from the previous quarter and 27.8% YoY. The growth in expenses aligns with the increase in total income, indicating higher operational activity. The tax expense for the quarter was ₹89.76 crores, reflecting a minor increase of 1.0% from the last quarter, and an 88.5% rise YoY. These operating metrics demonstrate the company's ongoing investments in operations to support revenue growth, while managing its tax obligations effectively.