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
From Haldi To Reception: Summer Wedding Jewellery & Gifting Ideas By Candere
From Breezy Wedding Celebrations To Meaningful Gifting Moments, Lightweight Jewellery Emerges As The Perfect Blend Of Comfort, Versatility and Contemporary Elegance For The Summer Wedding Season.
Summer weddings are defined by effortless elegance, breathable silhouettes, and jewellery that feels just as light and versatile as the celebrations themselves. From intimate haldi brunches and breezy mehendi gatherings to glamorous reception soirées, modern wedding guests are increasingly gravitating towards lightweight jewellery that balances comfort with statement-worthy style.
Beyond occasion dressing, these versatile pieces are also emerging as thoughtful gifting choices for bridesmaids, sisters, and loved ones during the wedding season.
Candere Lifestyle Jewellery – A Kalyan Company brings together contemporary craftsmanship and versatile design, offering elegant pieces that transition seamlessly across every summer wedding occasion while also serving as timeless gifting options.
Dazzling Rays Diamond Dangle Earrings
Elegant movement and minimal glamour come together beautifully in the Dazzling Rays Diamond Dangle Earrings. Their lightweight construction makes them ideal for long summer celebrations while still delivering a refined festive statement.
These earrings pair beautifully with sleek gowns, draped sarees, and fusion wear for receptions, and make an elevated gifting pick for sisters or bridal party members.
Regal Bloom Diamond and Fancy Gemstone Ring
Bold yet wearable, the Regal Bloom Diamond and Fancy Gemstone Ring is designed for those who love statement jewellery without the heaviness of traditional occasion pieces. Its floral-inspired detailing adds freshness to summer wedding styling. The ring stands out by pairing it with minimal jewellery and monochrome outfits, or gift it as a memorable token for milestone wedding celebrations.
Kennedy Diamond and Fancy Gemstone Collar Necklace
The Kennedy Diamond and Fancy Gemstone Collar Necklace brings effortless sophistication to evening wedding dressing. The contemporary collar silhouette, combined with gemstone accents, makes it ideal for modern festive wardrobes. Style it with deep necklines or structured blouses for reception glamour, or choose it as a premium gifting piece for the bride-to-be or a close family member.
Vine With Pearl Diamond Oval Bracelet
Delicate yet statement-worthy, the Vine With Pearl Diamond Oval Bracelet blends contemporary charm with timeless elegance. The pearl detailing paired with subtle diamond accents makes it perfect for daytime wedding functions and pastel ethnic ensembles.
Pair it with organza sarees or floral lehengas for haldi and mehendi functions, or gift it as a versatile keepsake bridesmaids can rewear beyond the wedding season.
Mystic Dazzling Diamond and Gemstone Oval Bracelet
The Mystic Dazzling Diamond and Gemstone Oval Bracelet adds a vibrant touch to summer occasion dressing with its gemstone detailing and sleek silhouette. Lightweight and easy to stack, it seamlessly transitions from festive brunches to evening celebrations.
Style it with stacked bangles and Indo-Western looks for cocktail events, or choose it as a colourful gifting option for close friends and wedding guests.
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