Kalyan Jewellers India Limited reported a 64% rise in quarterly profit, with an exceptional gain from an investment property sale included in its results and pretax profit also growing before the item.
Revenue from operations was Rs 10,322.62 crore for the three months ended Sept. 30, 2026, up from Rs 7,856.03 crore a year earlier. Profit after tax reached Rs 427.10 crore, compared with Rs 260.51 crore in the year-earlier quarter, the company said Tuesday.
The results included an exceptional gain of Rs 73.46 crore from the sale of part of an investment property. Profit before exceptional items and tax rose to Rs 486.61 crore from Rs 350.27 crore, an increase of about 39%.
For the six months ended Sept. 30, revenue rose 38% to Rs 20,912 crore, while profit after tax increased 48% to Rs 776 crore.
In October, Kalyan’s preliminary update put quarterly revenue growth above 26% on a measure that excluded bullion sales. The company estimated about 20% same-store sales growth in India. Its final revenue-from-operations figure uses a different basis from the preliminary estimate. EconoTimes previously covered the company’s preliminary quarterly growth estimate.
The October update also reported that Kalyan opened 12 showrooms in India, nine Candere showrooms in India and one Kalyan showroom in the United Kingdom. The company linked Indian sales growth to same-store performance and noted that all nine days of Navratri fell in the year-earlier quarter, lifting festive sales and creating a strong comparison base. The update’s estimates were subject to auditors’ limited review.
Executive Director Ramesh Kalyanaraman said the current festive quarter had started well, citing Navratri and Dhanteras. “We are upbeat about the wedding season and look forward to ending the quarter on a strong note,” he said.
