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
De Beers Unveils ‘Love From Dad’ Collection with Intimate Second-Piercing Diamond Designs
A Modern Expression of Love Through Delicate Natural Diamond Pieces Designed for Meaningful Everyday Styling
A quiet expression of love, the Love From Dad collection by De Beers brings a deeply personal touch to natural diamond jewellery, reimagined through delicate second piercing earrings that feel both intimate and modern. Thoughtfully designed to complement the primary piece, these accents add a subtle layer of meaning, turning an everyday ear stack into something truly sentimental.
Crafted with rare natural diamonds, each piece carries a brilliance that goes beyond its sparkle, formed over billions of years; no two diamonds are ever alike. This inherent rarity, paired with understated design, creates a timeless keepsake, an enduring reminder of love that evolves with you, yet never fades.
The Subtle Spark Climber
Delicate and intentional, this trio-inspired diamond stud design is all about quiet brilliance. Set slightly above the primary piercing, it creates a soft, ascending sparkle that feels modern yet understated. Crafted with natural diamonds, each precisely cut to maximise light, this piece offers a refined luminosity. Its balanced composition and gentle brilliance make it a timeless addition, effortlessly elevating everyday styling.
The Diamond Cluster Accent
Playful yet poised, this clustered arrangement brings multiple diamonds together in one luminous expression. Worn as a second piercing, it adds texture and dimension, transforming a classic ear stack into something more personal. Featuring natural diamonds, the clustered setting enhances brilliance through every facet, creating a richer, multi-dimensional sparkle. Its distinctive yet elegant form ensures it remains a timeless statement of individuality
The Bold Floral Stud
Inspired by organic symmetry, this floral-inspired stud blooms with character. Its intricate form contrasts beautifully with a simpler first piercing, creating a curated look that feels expressive and fresh. Set with natural diamonds, each element contributes to a radiant, cohesive sparkle. The interplay of detail and light gives it a one-of-a-kind presence, designed to endure beyond seasonal trends.
The Contemporary Ear Climber
Sculptural and striking, the ear climber redefines how diamonds are worn. Following the natural curve of the ear, it introduces a directional, fashion-forward edge to any stack. Crafted with natural diamonds, its flowing structure amplifies light across the entire silhouette, creating a continuous shimmer. The balance of bold design and classic brilliance makes it a modern heirloom in the making.
The Diamond Drop Huggies
Elegant with a hint of movement, this minimal drop design introduces fluidity into the ear stack. Sitting just below the second piercing, it softens the look with a gentle, graceful sway. Featuring natural diamonds, its simplicity allows inherent brilliance for the natural diamond to take centre stage. The effortless sparkle and refined movement ensure it remains a timeless expression of understated luxury.
The Minimal Duo Studs
Refined in its simplicity, this two-diamond composition offers a quiet yet confident statement. Positioned as a second piercing, it introduces a balanced symmetry that feels both modern and enduring. Crafted with natural diamonds, each element is thoughtfully placed to enhance light while maintaining a clean, minimal aesthetic. Its understated elegance allows it to seamlessly integrate into any ear stack, making it a timeless expression of subtle sophistication.
The Snowflake Diamond Studs
Delicate yet defined, this snowflake-inspired design captures a quiet moment of brilliance. Its intricate arrangement creates a sense of lightness and symmetry, making it a refined accent for a second piercing. Crafted with natural diamonds, each facet reflects light in a soft, diffused shimmer. The detailed composition gives it a one-of-a-kind character, while its quiet brilliance ensures lasting appeal.
The Three Diamond Line Stud
Balanced and refined, this three-diamond composition is arranged in a clean, linear formation that brings a sense of quiet structure to the ear. Worn as a second piercing, it introduces a subtle definition that complements more intricate or minimal pieces alike. Crafted with natural diamonds, each stone is precisely set to create a seamless flow of light across the design. The considered alignment and soft radiance give it a modern yet timeless appeal, making it an effortless addition to a thoughtfully curated ear stack.
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