Kalyan Jewellers Share Price in Focus; Reports 30% Revenue Growth in Q2 FY2026

Kalyan Jewellers India Limited reported a 30% year-on-year (YoY) growth in consolidated revenue for the quarter ended September 30, 2025 (Q2 FY2026). The strong performance was supported by buoyant wedding demand, a promising start to the festive season, and continued expansion across regions.

The company’s India operations delivered a 31% revenue growth, supported by higher same-store sales and increased footfalls. The impact of a high base from last year—driven by the customs duty reduction, was offset by strong Navratri sales, which were not part of the base quarter. Kalyan recorded a healthy same-store-sales-growth (SSSG) of around 16%, highlighting strong consumer demand for gold and diamond jewellery.

International Business and Digital Growth

The company’s international operations reported 17% YoY revenue growth, with the Middle East market contributing approximately 10% growth, entirely driven by same-store performance. International operations accounted for 12% of total consolidated revenue during the quarter, reaffirming Kalyan’s balanced geographical mix.

Its digital-first jewellery brand, Candere, delivered an impressive 127% revenue growth compared to the same period last year. This surge was supported by strong online traffic, higher showroom visits, and expanding brand visibility.

Network Expansion and Financial Updates

During Q2 FY2026, Kalyan launched 15 new Kalyan showrooms in India, 2 in the Middle East, and 15 Candere showrooms across India, further strengthening its retail footprint. As of September 30, 2025, the company’s total showroom count stood at 436, including 300 in India, 38 in the Middle East, 2 in the USA, and 96 under Candere.

Additionally, Kalyan secured approval from its lead bank for the release of real estate collateral tied to repaid debt, marking progress toward its ongoing debt reduction plan.

Kalyan Jewellers Share Price Performance

On October 6, 2025, Kalyan Jewellers share price (NSE: KALYANKJIL) opened at ₹495.00, up from its previous close of ₹492.15. At 10:51 AM, the share price of Kalyan Jewellers was trading at ₹482.70, down by 1.92% on the NSE.

Also Read: Stock in Focus: Kalyan Jewellers Share Price Jumps Up by Over 3%!

Conclusion

Kalyan Jewellers’ strong Q2 FY2026 results highlight its strategic growth, successful festive execution, and commitment to digital expansion. With 15 more showroom launches planned before Diwali, the company remains optimistic about sustaining its growth momentum in the upcoming quarters.

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