Kalyan Jewellers Quarterly Update: Q2 FY2026

06-10-2025 09:00 AM

The recently concluded quarter has been a very gratifying one, recording consolidated revenue growth of approximately 30% when compared to the same period in the previous financial year.

Our India operations witnessed revenue growth of approximately 31% during Q2 FY2026 as compared to Q2 FY2025, driven primarily by robust wedding demand and a strong start to the festive season.

Navratri sales, which was not part of the base quarter revenue, partially negated the impact of the higher base due to the customs duty reduction in India during Q2 of the last financial year. The quarter recorded healthy same-store-sales-growth of approximately 16%.

Our international operations recorded revenue growth of approximately 17% for the recently concluded quarter when compared to the same period during the previous financial year. Within the Middle East specifically, we witnessed revenue growth of approximately 10% for Q2 FY2026 as compared to Q2 FY2025 driven entirely by same-store-sales-growth. International markets.

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