Kalyan Jewellers Q2 FY26 Earnings Results: PAT Up 70% in H1FY26

Kalyan Jewellers India Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2025. The jewellery retail giant demonstrated exceptional growth across all business segments, driven by strong festive demand during Navratri and robust same-store sales growth exceeding 30% during the Diwali period.

Kalyan Jewellers Q2 FY26 Earnings Results

For the quarter ended September 30, 2025, Kalyan Jewellers achieved consolidated revenue of ₹7,856 crore, registering robust growth of 30% YoY and 8% QoQ. Profit after tax stood at ₹261 crore for Q2 FY26, showing solid performance compared to the previous year's corresponding period.

Kalyan Jewellers Half-Year FY26 Results

For the half year ended September 30, 2025, consolidated revenue reached ₹15,125 crore, up 31% from ₹11,585 crore in H1 FY25. Profit after tax for H1 FY26 came to ₹525 crore, surging an impressive 70% from ₹308 crore in the corresponding period of the previous financial year.

India Standalone Business

The standalone India business delivered strong performance with Q2 FY26 revenue of ₹6,843 crore, marking 31% growth year on year. PAT for the standalone business stood at ₹262 crore for the quarter, reflecting robust domestic demand across the company's extensive retail network of 436 showrooms.

Read More: Thangamayil Jewellery Q2FY26 Earnings Results Out: Strong Turnaround with ₹58.5 Crore Profit!

Middle East Operations

Middle East revenue for Q2 FY26 was ₹866 crore, recording 8% growth compared to the same period in the previous financial year. PAT for the Middle East segment stood at ₹15 crore for Q2 FY26, demonstrating steady performance in international markets.

Candere Platform and Festive Performance

The lifestyle jewellery platform Candere recorded revenue of ₹93 crore with a net loss of ₹9 crore for Q2 FY26. The company reported exceptional performance during the 9-day Navratri sale period, with same-store sales growth exceeding 30% on a like-for-like basis for the 30-day period ending Diwali.

Kalyan Jewellers India Share Price Performance

On November 7, 2025, Kalyan Jewellers India share price opened at ₹514.90 on NSE, above the previous close of ₹512.85. During the day, it surged to ₹515.40 and dipped to ₹501.15. The stock closed at ₹512.80 by the end of the day. The stock registered a marginal change of -0.01%.

Over the past week, it has declined by 0.59%, over the past month, it has moved up by 6.18%, and over the past 3 months, it has declined by 12.97%.

Conclusion

Kalyan Jewellers demonstrated outstanding consolidated performance in Q2 and H1 FY26 with PAT growing 70% YoY and revenue expanding 31% YoY, supported by strong festive demand, exceptional Navratri sales, and robust momentum heading into the wedding season across India.

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