Kalyan Jewellers India Limited has informed the Exchange about General Updates
KALYANKJIL · price
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Kalyan Jewellers reported strong Q1 FY2026 results with consolidated revenue growth of approximately 31% year-on-year despite demand pauses caused by gold price volatility and geopolitical tensions. India operations grew around 31% led by Akshaya Tritiya and wedding demand, with same-store sales growth of about 18%. International business also grew around 31%, with the Middle East up 26%, contributing roughly 15% to total revenue. Digital brand Candere posted sharp growth of about 67% after a brand campaign launched in May 2025. The company added 19 new showrooms in the quarter (10 Kalyan India, 8 Candere, 1 Kalyan USA), taking the total network to 406 showrooms, and reaffirmed its plan to launch 170 showrooms across formats in FY2026.
The double-digit revenue growth across India, Middle East, and digital channels signals healthy demand momentum and supports the stock's growth story, though volatility in gold prices remains a near-term watchpoint for margins and consumer sentiment.