Kalyan Jewellers posts 31% revenue growth in Q1

Kalyan Jewellers India Limited reported consolidated revenue of INR7,268 crores for Q1 FY26, up 31% year-over-year. Profit after tax jumped 49% to INR264 crores, while EBITDA reached INR508 crores.

The company's franchise model now contributes 43% of revenue. Kalyan plans to launch a new regional brand format before year-end, targeting INR300 crores in initial working capital for five showrooms.

A pilot project with shorter vendor credit periods improved margins and delivered higher returns than the corporate average.