Kalyan Jewellers India Limited (NSE: KALYANKJIL, BSE: 543278) has announced its quarterly update for the fourth quarter (Q4) of FY2025, showcasing impressive consolidated revenue growth of approximately 37% compared to the same period last year, despite significant volatility in gold prices.
The company’s India operations recorded a remarkable revenue growth of approximately 39% during Q4 FY2025, driven by robust wedding demand and healthy same-store-sales growth of approximately 21%. Kalyan Jewellers launched 25 new showrooms across India during the quarter and added another three showrooms in the first week of April.
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In the Middle East, the company achieved revenue growth of approximately 24% compared to Q4 FY2024, primarily driven by same-store-sales growth. The Middle East contributed around 12% to Kalyan Jewellers’ consolidated revenue for the quarter.
However, the digital-first jewellery platform Candere reported a revenue de-growth of approximately 22% during Q4 FY2025 compared to the same period last year. Despite this setback, Candere expanded its physical presence by launching 14 new showrooms during the quarter.
Looking ahead, Kalyan Jewellers has ambitious plans for FY2026, with intentions to launch a total of 170 showrooms across its Kalyan and Candere formats. This includes 75 Kalyan showrooms in non-south India (including flagship stores), 15 showrooms across South India and international markets, and 80 Candere showrooms in India. The company has already signed Letters of Intent (LOIs) for Franchisee Owned Company Operated (FOCO) showrooms planned for the year.
As of March 31, 2025, the total number of showrooms operated by Kalyan Jewellers stood at 388, including locations across India, the Middle East, and the USA.
These metrics provided are provisional and subject to statutory audit processes. A detailed update will follow post-approval of financials by the board of directors.
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