Kalyan Jewellers reports strong first quarter revenue growth

Kalyan Jewellers India Limited has announced a robust 31% year-over-year increase in consolidated revenue for the first quarter of FY2026. The company attributed the growth to strong Akshaya Tritiya sales and wedding demand in India, where operations also saw a 31% revenue increase. Same-store-sales-growth in India for the quarter was approximately 18%. International operations also experienced growth of approximately 31% in revenue compared to the same period last year. Notably, the Middle East saw a 26% revenue increase. International markets contributed approximately 15% to the company’s total revenue. The company's digital platform, Candere, reported a revenue growth of approximately 67%. During the quarter, Kalyan launched 10 new showrooms in India, 1 in the US, and 8 Candere showrooms in India. As of June 30, 2025, the company's total showroom count stands at 406. Looking ahead, the company plans to launch 170 additional showrooms in fiscal year 2026.