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Kalyan  Jewellers India Ltd recorded PAT of Rs 219 crore in Q3 FY25

~ The first-of-its-kind store aims to redefine Gold and Silver Shopping with Innovation, Luxury, and Unmatched Convenience ~

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Kalyan Jewellers India Limited recorded consolidated revenue of Rs 7287 crore in Q3 FY25 as against Rs 5223 crore in the corresponding period of the previous year, a growth of 40%. Consolidated PAT for Q3 FY25 was Rs 219 crore as against a PAT of Rs 180 crore for the corresponding period in the previous year. Consolidated PAT growth would be 44% adjusting for the loss due to reduction in customs duty (announced during Union Budget in July 2024).

The standalone revenue for the company (India) in Q3 FY25, was Rs 6393 crore, as against Rs 4512 crore in Q3 of the previous financial year, a growth of 42%. The India operations recorded PAT of Rs 218 crore for the quarter compared to a PAT of Rs 168 crore for the corresponding period in the previous year. Adjusting for the customs duty loss the PAT growth would be 54%.

Total revenue from the Middle East operations during Q3 FY25 was Rs 840 crore as against Rs 683 crore in Q3 FY24, a growth of over 23%. The Middle East operations recorded PAT of Rs 15 crore for the quarter compared to a PAT of Rs 14 crore for the corresponding period in the previous year. The PBT grew by 23% over the corresponding quarter of the previous year. However, the PAT growth for Q3FY25 was impacted due to the introduction of new corporate tax in the UAE.

The e-commerce division, Candere, recorded a revenue of Rs 55 crore in Q3 FY25 versus Rs 29 crore in Q3 FY24. The company recorded a loss of Rs 6.9 crore in Q3 FY25 versus a loss of Rs 1.6 Cr during Q3 FY24.

Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India Limited said, “We are extremely excited with the way the current year has progressed. The current quarter has started off well despite the volatility in gold prices. We are upbeat about the ongoing wedding season and expect to end the financial year on a strong note. We are on track for the launch of 30 Kalyan showrooms and 15 Candere showrooms in India during the current quarter.”

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Mavitrra Unveils Revamped Website to Elevate the Online Fine Jewellery Experience

The new platform blends modern aesthetics with craftsmanship, offering seamless browsing, transparency, and enhanced customer engagement.

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Mavitrra, a bespoke diamond jewellery brand known for its elegance, individuality, and fine craftsmanship, has unveiled its newly revamped website, marking a significant milestone in the brand’s digital journey. The redesign reflects Mavitrra’s evolution as a modern jewellery brand while responding to the growing demand for seamless, immersive, and trustworthy online shopping experiences.

As customer expectations around digital discovery and storytelling continue to rise, Mavitrra undertook the website revamp to ensure its online presence mirrors the scale, maturity, and aesthetic sensibility of the brand today. The new platform has been designed to offer an intuitive, refined, and elevated browsing experience that aligns with Mavitrra’s contemporary design ethos and artisanal excellence.

The updated website reflects Mavitrra’s design philosophy minimal yet refined, modern yet rooted in craftsmanship through clean layouts, rich visuals, and thoughtful storytelling that highlight the brand’s attention to detail and material quality. Key upgrades include a faster, more intuitive interface, enhanced product imagery, detailed descriptions, a smoother checkout, and mobile optimisation.

Designed to mirror the confidence of an in-store experience, the platform offers high-quality visuals, transparent pricing, and clear product information, enabling customers to make informed purchase decisions with ease.

Commenting on the launch, Bindu Sharma, Founder & Creative Director, Mavitrra said,
“At Mavitrra, we believe that jewellery is deeply personal, and our digital experience should reflect that emotion. The updated website is a natural extension of our brand designed to be elegant, intuitive, and transparent. It allows our customers to experience Mavitrra’s craftsmanship and design philosophy with greater ease and confidence.”

The new digital platform also plays a critical role in Mavitrra’s direct-to-consumer and omnichannel growth strategy, enabling deeper customer engagement and ensuring a consistent brand experience across online and offline touchpoints.

The updated website is a foundational step in Mavitrra’s long-term digital roadmap. It positions the brand to scale its online presence, introduce new collections seamlessly, and leverage data-driven insights to further enhance customer engagement, supporting Mavitrra’s vision of building a future-ready, customer-first jewellery brand.

This launch further strengthens Mavitrra’s position as a trusted name in bespoke bridal jewellery, offering creations that celebrate not just beauty, but meaning, memory, and legacy.

News Source: Mavitrra

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