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
Back To Campus With Candere Lifestyle Jewellery: Gen Z-Approved Picks To Restart College In Style
Lightweight, Versatile and Trend-Forward Jewellery Designed For Gen Z’s Everyday Campus Lifestyle.
The return to campus after the summer break is all about refreshing your wardrobe with pieces that feel effortless, expressive, and versatile enough for everyday college life. From casual lectures and coffee catchups to society events and weekend outings, Gen Z is embracing jewellery that blends individuality with easy styling. Minimal yet statement-worthy designs are becoming the go-to for students looking to elevate their daily looks without going over the top.
Lightweight jewellery has emerged as a key fashion essential, offering the perfect balance of style, comfort and functionality. Whether it’s sleek chains, contemporary rings, minimalist bracelets, or everyday earrings, these pieces add a touch of personality without compromising on ease of wear.
Candere Lifestyle Jewellery – A Kalyan Company, presents a curated collection of modern, lightweight designs crafted for the dynamic lifestyles of today’s students. Designed for both men and women, the collection combines trend-led aesthetics with everyday versatility, making it the perfect companion for creating effortlessly chic campus looks.
Here’s a Curated Edit
Caterpillar Butterfly Diamond Hoop Earrings
The Caterpillar Butterfly Diamond Hoop Earrings combine delicate butterfly-inspired detailing with contemporary hoop styling, creating a fun yet elegant statement piece. The subtle diamond accents add sparkle while keeping the look versatile enough for everyday campus fashion. Pair them with crop tops, flowy dresses, or casual kurtis for a fresh campus-ready look.
Bubbly Diamond Flexi Ring
The Bubbly Diamond Flexi Ring is designed with a playful flexible silhouette highlighted by delicate diamond accents that bring a youthful charm to the piece. Lightweight and easy to wear, it blends comfort with trend-forward styling for everyday accessorising. Style it with multiple rings, oversized shirts, and casual denim for a chic stacked-jewellery moment.
Yusra Diamond Oval Bracelet
Elegant and delicate, the Yusra Diamond Oval Bracelet features an oval motif accented with subtle diamonds that lend just the right amount of sparkle. Its minimal yet contemporary design makes it ideal for stacking or wearing solo through busy college days and casual outings alike. Pair it with pastel tops, linen fits, or stacked bracelets for a playful yet refined everyday look.
Wilber Platinum Chain
The Wilber Platinum Chain features a sleek linked design with a lightweight construction that makes it ideal for all-day wear. Contemporary and versatile, the chain adds a subtle statement to everyday dressing while maintaining a clean, minimal aesthetic. Style it with open shirts, relaxed fits, and neutral co-ords for an elevated off-duty vibe.
Lewis Platinum Ring
Crafted in platinum with a smooth polished finish, the Lewis Platinum Ring stands out for its sharp detailing and modern minimal design. Its versatile silhouette makes it easy to wear every day while adding a refined edge to casual college outfits. Pair it with monochrome outfits, denim jackets, or layered basics for a polished Gen Z aesthetic.
Leo Diamond Ear Stud for Men
The Leo Diamond Ear Stud for Men features a sleek solitaire diamond set in a clean and contemporary design that adds subtle sophistication to everyday looks. Minimal yet impactful, the stud is crafted for effortless daily wear, making it perfect for students who prefer understated accessories with personality. Style it with oversized tees, cargos, and sneakers for an easy street-style inspired campus look.National News
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