National News
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 ~
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.”
National News
Colorful Statements for the Season of Joy: The Curated Holi Edit by Kalyan Jewellers
A vibrant celebration of colour, heritage, and craftsmanship, bringing festive brilliance to your Holi celebrations.
Celebrate the exuberance of Holi with a dazzling showcase of colours and craftsmanship from Kalyan Jewellers. A vibrant interplay of multicolored gemstones and intricately detailed gold designs captures the festive energy of the season in every luminous piece. Rooted in heritage yet refreshed with contemporary elegance, these creations are perfect for adding a radiant flourish to your celebrations. Each design reflects the joy and dynamism of the festival, blending traditional artistry with statement-making silhouettes. Whether you’re attending a festive gathering or hosting a celebration, these striking pieces promise to elevate your Holi look with effortless grandeur.
Vibrant Traditions: The Multi-Hued
Antique Set Celebrate the spirit of Holi with this antique gold set from Kalyan Jewellers, adorned with festive emerald greens, royal purples, and ruby reds that echo the playful hues of gulal. Intricate gold detailing and a serene teardrop turquoise centerpiece add depth and elegance to the design. Perfect for elevating your festive look, it pairs beautifully with a classic white kurta or a soft pastel saree, letting the colours truly shine.
Kaleidoscope of Joy: The Multi-Stone Antique Set
Embrace the exuberance of Holi with this exquisite antique gold set from Kalyan Jewellers, brought to life with a vivid medley of purple, blue, and earthy-toned gemstones. At its heart lies a striking green focal stone, framed by ornate gold craftsmanship and subtle pearl accents. Rich in detail and festive character, this piece pairs effortlessly with ivory or pastel ensembles, allowing its dynamic colors to truly glow.
Festive Spectrum: The Multicolour Heritage Set Step into the spirit of Holi with this resplendent antique set from Kalyan Jewellers, showcasing a vivid blend of emerald, ruby, and turquoise hues that echo the festival’s playful colours. Detailed peacock motifs and delicate seed pearl accents lend the piece a rich, heritage-inspired charm. Perfect for festive gatherings, it pairs beautifully with a cream silk saree or a soft pastel ensemble, allowing its vibrant tones to shine effortlessly.
Floral Radiance: The Emerald and Ruby Diamond Set Celebrate Holi with refined sparkle through this exquisite diamond set from Kalyan Jewellers. Intricate floral motifs, encrusted with diamonds, are highlighted by pear-shaped emeralds and vibrant ruby accents, bringing together fresh greens and festive pinks in perfect harmony. Elegant yet celebratory, this set adds a sophisticated glow to your look and pairs beautifully with a rich silk saree or a contemporary pastel ensemble
source: Kalyan Jewellers
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