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
Mark The Bond With Something Timeless: Zen Diamond India’s Raksha Bandhan Edit
Zen Diamond India Presents Timeless Natural Diamond Jewellery and Lifestyle Gifts To Make Raksha Bandhan Celebrations More Meaningful.
Raksha Bandhan celebrates one of life’s most enduring bonds, making it the perfect occasion to choose a gift that feels as special as the relationship itself. As gifting preferences evolve, siblings are looking beyond conventional presents to meaningful keepsakes and stylish accessories that reflect individual personalities and everyday style. From natural diamond jewellery and contemporary accessories to refined lifestyle essentials, Zen Diamond India offers a versatile selection of gifting options for brothers and sisters, helping them celebrate their bond with something thoughtful, personal and enduring.
For the Sister Who Deserves the Extra Sparkle
Celebrate a bond that has stood the test of time with this exquisite 2 Paisa Coin Bracelet. Symbolising heritage and lasting memories, its minimalist design is elevated by a single natural diamond, making it a timeless Raksha Bandhan keepsake she’ll cherish every day.
9kt Celeste & Gem Pop Collection Jewellery
Gift her jewellery that’s as vibrant as your sibling bond. Crafted in 9kt gold with natural diamonds, Celeste embraces refined minimalism, while Gem Pop pairs natural diamonds with colourful gemstones such as amethyst, citrine and blue topaz. Together, these versatile pieces are designed to be treasured long after Raksha Bandhan and are available on Amazon and Myntra, as well as on the Zen Diamond website.
For the sister who loves bringing everyone together, the Zen Diamond Mahjong Set transforms every game into a memorable celebration. Featuring 144 premium acrylic tiles and eight flower tiles set with natural diamonds, it makes for a thoughtful Raksha Bandhan gift that promises years of shared moments and friendly competition.
Raksha Bandhan is rooted in love, protection and lifelong support—values beautifully reflected in Zen Diamond India’s Evil Eye Collection. Crafted in 9kt white gold and adorned with natural diamonds, these contemporary designs are available at up to 25% off this Raksha Bandhan, making them a meaningful gift for the occasion.
Women’s Perfume & Mini Travel Set
Inspired by the brilliance of precious gemstones, this curated fragrance set features Ruby, Emerald, Sapphire and Diamond, each capturing a unique mood and personality. Available at 10% off this Raksha Bandhan, it’s the perfect gift to celebrate the sister who’s always been one of a kind.
For the Brother Who Deserves a Little Extra Sparkle
Celebrate your lifelong sibling bond with an innovative and lasting Rakhi for your brother – one that goes beyond the day itself. Inspired by the timeless 25 paisa coin and finished with a natural diamond, this bracelet transforms the traditional spirit of Raksha Bandhan into a meaningful piece he can wear long after the celebrations, serving as an everyday reminder of the memories and bond you share.
Whether he’s signing his next big deal or jotting down everyday ideas, this premium ballpoint pen is a gift he’ll use long after Raksha Bandhan. Complete with a natural black diamond, stylus tip and built-in light, it blends practicality with understated luxury.
For the brother who’s always impeccably dressed, this polyester silk tie features a subtle 0.02 ct natural diamond detail that elevates every formal look. It’s a sophisticated Raksha Bandhan gift that brings timeless elegance to his wardrobe.
Men’s Perfume & Mini Perfume Set
Celebrate his individuality with a fragrance inspired by the timeless allure of gemstones. Featuring Ruby, Emerald, Sapphire and Diamond, this curated set is available at 10% off this Raksha Bandhan, making it a thoughtful gift for brothers who appreciate refined everyday luxury.
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