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
Divine Solitaires and SGL Launch The Know Your Diamond Zone At GJS Diwali Edition 2026
The objective Is To Bring Advanced Diamond Screening Technology Closer To The Retail Environment- Help Verify Key Characteristics Of dDiamonds, Including Whether A Diamond Is Natural Or Laboratory-Grown, Checking Laser Inscriptions And Verifying Hearts & Arrows (H&A).
Divine Solitaires and SGL launched the Know Your Diamond Zone at GJS Diwali Edition 2026.The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds, including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A).

The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at participating stores. The facility can also be used by consumers to screen jewellery purchased from another jeweller, extending access to diamond verication beyond the original point of purchase.
The machines were inaugurated in the presence of Rajesh Rokde, Chairman, GJC; Avinash Gupta, Vice Chairman, GJC; Suvankar Sen, MD- Senco Gold & Jewellery; Varghese Alukkas, Jt MD-, Jos Alukkas; Chirag Soni, Co-Founder & Director, SGL Labs; Shirin Bandukwalla, Co-Founder & Director, SGL Labs; Jignesh Mehta, Founder & MD, Divine Solitaires.
Commenting on the collaboration Jignesh Mehta, Founder & Managing Director, Divine Solitaires, said:

“We have known SGL for more than two decades as a front-runner in diamond jewellery quality checking, with a strong reputation for consistency and high standards in India and international markets. With this latest screening technology, we are proud to associate with SGL to empower our partner jewellers across the Divine Solitaires network. Our endeavour is to equip reputed jewellers with advanced technology that enables them to offer greater transparency and condence to their consumers, making diamond verication more accessible and convenient.”
Chirag Soni & Shirin Bandukwalla, Co-Founders & Directors, SGL Labs, said:


“Divine Solitaires has established itself as one of India’s leading brands in solitaire diamond jewellery, with a strong emphasis on quality, high standards and pricing transparency. We are pleased to partner with Divine Solitaires to bring advanced diamond screening technology to its network of reputed partner jewellers across the country. This collaboration will help make reliable diamond screening more accessible to jewellers and, ultimately, enable them to offer greater transparency and confidence to their consumers.”
An Experience Built Around Technology and Trust
Beyond its manufacturer showcase, the SGL Experience Zone gives visitors an opportunity to engage with SGL’s technology-led approach to diamond identication, grading and quality assurance.
The pavilion brings together the different facets of SGL’s work across diamond certication, technology and research, demonstrating how advanced instrumentation and scientic processes can support greater transparency across the jewellery value chain.
The collaboration with Divine Solitaires further extends this philosophy from the laboratory to the retail door. By making screening technology accessible at participating jewellers, the Know Your Diamond Zone is designed to help retailers address consumer questions, facilitate informed conversations and build condence through greater visibility and transparency.
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