Kalyan Jewellers shares jump 3% after Q4 net profit rises 36% YoY to Rs 188 crore
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Kalyan Jewellers shares jumped 3% to an intraday high of Rs 526.50 on the BSE on Friday after the company posted a strong set of numbers for Q4FY25. Consolidated revenue rose 37% year-on-year to Rs 6,182 crore, compared to Rs 4,512 crore in the same quarter last year. Net profit jumped 36% YoY to Rs 188 crore, supported by robust demand in both domestic and international markets. In its core India market, standalone revenue grew 38% YoY to Rs 5,350 crore, while net profit rose 41% YoY to Rs 185 crore. The company attributed the strong growth to a successful Akshaya Tritiya sale and continued demand around wedding purchases. Kalyan’s Middle East operations also posted solid growth, with revenue rising 26% YoY to Rs 784 crore, and net profit increasing 22% to Rs 12 crore. The company’s online jewellery platform, Candere, however, continued to struggle, recording a revenue of Rs 28 crore but a net loss of Rs 12 crore for Q4FY25. Live Events ...