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
Celebrate Akshaya Tritiya With Reva Diamonds By PNGS
Up to 100% Off On Making Charges On Certified Natural Diamonds Till 19th April 2026
Reva Diamonds by PNGS, a branded certified natural diamond jewellery retailer backed by the 190+ year legacy of the P. N. Gadgil & Sons Group, has announced a special festive offer of up to 100% off on making charges on certified natural diamond jewellery, starting April 4 and valid till 19th April 2026. The offer is available across Maharashtra at all Reva Diamonds by PNGS offline stores as well as online, ahead of Akshaya Tritiya.
Akshaya Tritiya has traditionally been associated with gold purchases; however, there has been a growing consumer shift towards certified natural diamonds as a symbol of enduring value and modern luxury. With this festive initiative, Reva Diamonds aims to make diamond jewellery more accessible to a wider set of customers, including first-time buyers, gifting customers, and investment-focused purchasers.



The brand has curated its festive assortment, keeping evolving consumer demand in mind. Diamond studs and daily wear earrings remain a strong focus this season due to their versatility and everyday luxury appeal. Lightweight diamond pendants and rings are positioned for entry-level buyers and the gifting segment, offering elegant yet accessible options during the auspicious period. For customers seeking statement purchases, the collection includes celebration-led designs such as statement necklaces and cocktail rings that reflect festive grandeur. Investment-driven buyers can explore solitaires and certified natural diamonds crafted to combine timeless design with long-term value. Bracelets and stackable diamond jewellery have also been highlighted, aligning with the emerging Gen Z trend of layered styling and contemporary fashion preferences.
Reva Diamonds by PNGS also offers 100% exchange value on diamonds as part of its ongoing customer value proposition, reinforcing long-term value assurance and purchase confidence beyond the festive period.
Commenting on the festive announcement, Amit Modak, CEO & Whole-Time Director, PNGS Reva Diamond Jewellery Limited, said:

“Akshaya Tritiya is deeply rooted in the belief of lasting prosperity and meaningful investments. Over the years, we have seen customers increasingly view certified natural diamonds not just as adornment, but as an asset that holds emotional and intrinsic value. Through our offer of up to 100% off on making charges, we aim to make diamond jewellery more accessible while encouraging customers to invest in pieces that combine craftsmanship, authenticity, and long-term worth.”
By offering up to 100% off on making charges, Reva Diamonds by PNGS seeks to enhance festive value for customers during one of the most significant jewellery-buying periods of the year, giving customers an opportune moment to invest in certified natural diamond jewellery that blends tradition, aspiration, and enduring prosperity.
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