Kalyan Jewellers reports 31% revenue growth to ₹15,125 Cr and 70% PAT growth to ₹525 Cr in H1 FY26
Kalyan Jewellers reported strong H1 FY26 results with 31% revenue growth and 70% PAT growth, driven by robust Q2 performance and strong festive sales, with an optimistic outlook.
The announcement details substantial financial performance improvements, including high revenue and profit growth. The positive management commentary on festive sales and future outlook, coupled with double-digit growth across key regions, is likely to have a high positive impact on investor confidence and stock performance.
The company reported significant year-on-year growth in both consolidated revenue (31%) and PAT (70%) for H1 FY26, alongside strong Q2 FY26 performance. Management expressed happiness with the 'excellent all-round performance' and noted continued momentum from festive sales with over 30% same-store-sales growth during Diwali, indicating a positive outlook.
* Kalyan Jewellers India Limited recorded consolidated revenue of ₹15,125 crore for the first half of FY26, a 31% increase compared to ₹11,585 crore in H1 FY25. * Consolidated Profit After Tax (PAT) for H1 FY26 stood at ₹525 crore, marking a significant 70% growth from ₹308 crore in H1 FY25. * For the second quarter of FY26 (Q2 FY26), consolidated revenue was ₹7,856 crore, a 30% growth year-on-year, with a PAT of ₹261 crore. * Standalone revenue (India) for Q2 FY26 reached ₹6,843 crore, showing a 31% growth, and standalone PAT was ₹262 crore. * The Middle East operations reported Q2 FY26 revenue of ₹866 crore, an 8% increase, and a PAT of ₹15 crore. * The lifestyle jewellery platform, Candere, recorded a revenue of ₹93 crore but a net loss of ₹9 crore for Q2 FY26. * Mr. Ramesh Kalyanaraman, Executive Director, expressed satisfaction with the excellent all-round performance, highlighting an exceptional nine-day Navratri sale. * He noted that the momentum from Navratri continued into the current quarter, with same-store-sales-growth exceeding 30% for the 30-day period ending Diwali on a like-for-like basis. * The company is optimistic about the ongoing wedding season and is prepared with new collections and campaigns.
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Kalyan Jewellers India Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Kalyan Jewellers India Limited. Read the original for the full detail.