Kalyan Jewellers reported a robust financial performance for FY26, with consolidated revenue rising 43% year-on-year to Rs. 35,743 crore, up from Rs. 25,045 crore in the previous fiscal. Consolidated profit after tax surged 86% to Rs. 1,350 crore, compared with Rs. 714 crore in FY25, driven by strong consumer demand and improved operating efficiencies.
Q4 FY26 Delivers Sharp Rise in Revenue and Profit
In the fourth quarter of FY26, the company reported consolidated revenue of Rs. 10,275 crore, a 66% increase over the same quarter last year. Net profit for Q4 rose 118% to Rs. 410 crore, reflecting continued momentum across its core markets and effective cost management.
India operations remained the largest contributor to growth. Standalone domestic revenue for Q4 reached Rs. 8,994 crore, while net profit climbed 97% year-on-year to Rs. 366 crore, supported by strong seasonal demand and sustained traction in the wedding jewellery segment.
International Business and Candere Show Positive Momentum
Kalyan’s international operations also recorded healthy gains in the quarter. Overseas revenue grew to Rs. 1,157 crore from Rs. 807 crore in the same period last year. Net profit from global markets increased 105% to Rs. 29 crore, underscoring rising demand across the Middle East, UK and US markets.
Lifestyle jewellery platform Candere continued to gain traction online, posting quarterly revenue of Rs. 131 crore and a profit of Rs. 3 crore, indicating steady adoption of digital channels among customers.
Management Sees Continued Demand Momentum
Commenting on the results, Ramesh Kalyanaraman said the company has carried forward the strong momentum from the previous year into FY26. He highlighted encouraging consumer response during the Akshaya Tritiya season and ongoing interest in wedding jewellery, which together supported robust sales performance.
Expanding Global Retail Presence
Headquartered in Thrissur, Kalyan Jewellers operates 507 showrooms across India, the Middle East, the UK and the US. The retailer’s total showroom area now exceeds 12 lakh square feet, reinforcing its physical footprint and supporting growth across domestic and international jewellery markets.