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Kalyan Jewellers Q4 Update:Revenue Surges 37% Year-on-Year

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The recently concluded quarter has been a very fulfilling one recording consolidated revenue growth of approximately 37% when compared to the same period in the previous financial year despite extreme volatility in the gold prices.Our India operations witnessed revenue growth of approximately 39% during Q4 FY2025 as compared to Q4 FY2024, driven primarily by robust wedding demand. The quarter recorded healthy same-store-sales-growth of approximately 21%.

We launched 25 Kalyan showrooms in India during the recently concluded quarter, and another 3 showrooms during the first week of April 2025. We launched 14 Candere showrooms during Q4 FY 2025.

In the Middle East, we witnessed revenue growth of approximately 24% when compared to the same period in the previous financial year driven primarily by same-store-sales-growth. Middle East contributed approximately 12% to our consolidated revenue for the recently concluded quarter.

Our digital-first jewellery platform, Candere, recorded a revenue de-growth of approximately 22% during the recently concluded quarter as compared to the same period during the last year.

As communicated earlier, for FY 2026, we have drawn up plans to launch 170 showrooms across Kalyan and Candere formats – 75 Kalyan showrooms (all FOCO) in non-south India (including 5 larger-format flagship Kalyan showrooms), 15 Kalyan showrooms (all FOCO) across south India and international markets and 80 Candere showrooms in India. We have completed signing LOIs for the Franchisee Owned Company Operated (FOCO) showrooms planned for the year in India.

Kalyan is  upbeat about the ongoing quarter and are witnessing encouraging trends in the advance collections for both Akshaya Tritiya as well as for wedding purchases for the festive/wedding season.As of March 31, 2025, our total number of showrooms across India and the Middle East stood at 388 (Kalyan India – 278, Kalyan Middle East – 36, Kalyan USA – 1, Candere – 73).

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National News

Rubies Take The Centre Stage This July 2026 At Jewels By Queenie

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Ruby is the gemstone of intensity and glamour. Rubies carry a sense of magnetism that is impossible to overlook. As a birthstone of July, Ruby’s deep crimson hue is associated with royalty, desire and confidence making it one of the most precious and emotionally charged gemstones.

Designed with the label’s signature maximalist aesthetic, the pieces bring together vivid rubies and diamonds creating jewellery that feels glamorous, collectible and impossible to ignore.

Jewels by Queenie places the gemstone at the centre of attention AS THE JULY BIRTHSTONE IS RUBY. Instead of delicate interpretations, the designer amplifies the intensity of the gemstone through oversized cuts, adding character to the piece yet keeping it refined. Oversized stones and layered settings allow the ruby to dominate each design with confidence whether its cocktail rings, sculptural earrings or statement necklaces that are rich and expressive. JBQ pieces move between old world glamour boldness resulting in pieces suited for couture dressing, weddings or red carpets.

The ruby cocktail ring from Jewels by Queenie stands out particularly, it is surrounded by diamonds that creates a perfect match of bold color and timeless elegance. The earrings meanwhile balance movement, structure and colour creating pieces that feel striking.

From private showcases in London and New York to presentations across Dubai, Hong Kong and Los Angeles, Jewels by Queenie has steadily built a global presence through its bold gemstone-led creations. The label has also recently showcased at luxury venues and private members spaces including Apollo’s Muse, Bacchanalia in London. 

Rubies is one of the most desired gemstones amongst collectors and jewellery lovers because of the emotions it carries. There is an undeniable strength and sensuality to the stone making it rare and timeless across generations.

Queenie Singh, Entrepreneur – Jewels by Queenie and Beauty by Bie, transformation led advisor and former Miss India, shared:

“When I design with rubies, I never want the stone to feel quiet or understated, I want it to feel powerful, glamorous and full of presence. Rubies have a natural drama to them. They don’t whisper, they command attention. We love designing with rubies because the stone instantly transforms a jewel into something powerful, glamorous and full of character.

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