Kalyan Jeweller Share Price Gains for the 2nd Day After Reporting Revenue Growth in Q2 FY26

Kalyan Jewellers’ consolidated revenue growth for the September quarter was driven by strong performance across its India and international operations. India operations reported revenue growth of around 31%, led by robust wedding demand and a strong start to the festive season.

Navratri sales, which were not part of the base quarter revenue, partially offset the effect of the higher base due to customs duty reductions in Q2 FY26.

Kalyan Jewellers Sees Strong Growth Across Stores and Digital Channels

The company’s same-store sales growth (SSSG) stood at 16% year-on-year for the September quarter. International operations grew 17%, with the Middle East contributing 10% growth entirely through same-store sales. International markets accounted for approximately 12% of consolidated revenue.

Candere, the company’s digital-first platform, saw remarkable growth of 127% in revenue for the quarter. Kalyan Jewellers highlighted improvements in showroom footfalls, web traffic, and overall revenue as key drivers of the digital segment’s performance.

Showroom Expansion

In Q2 FY26, the company added 15 Kalyan showrooms in India, two in the Middle East, and 15 Candere showrooms in India. As of September 30, 2025, Kalyan Jewellers operated 436 showrooms globally, including:

• 300 Kalyan showrooms in India
• 38 Kalyan showrooms in the Middle East
• 2 Kalyan showrooms in the US
• 96 Candere showrooms

Kalyan Jewellers is geared up for Diwali, planning fresh collections, marketing campaigns, and the launch of 15 more Kalyan showrooms before the festival.

Share Price Performance

Kalyan Jewellers India Limited Share price witnessed gains for the second consecutive day, reflecting renewed investor confidence in the company’s strong quarterly performance. The stock opened at ₹488.85, traded in a range of ₹488.55 to ₹496.40, and recorded a current quote of ₹491.30, up ₹3.60 or 0.74% on the NSE from the previous close of ₹487.70.

The stock’s volume-weighted average price (VWAP) for the session stood at ₹493.19.

Read More: Dhanteras 2025: Date, Muhurat Timings, and Traditions.

Conclusion

Kalyan Jewellers’ strong Q2 FY26 performance, both in India and international markets, along with rapid digital revenue growth, has reinforced investor sentiment. The company’s expanding showroom network and festive preparations ahead of Diwali are likely to further support sales and share price momentum in the near term.

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