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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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Augmont Strengthens ‘Recycle With Resilience’ Campaign To Promote Transparent Gold Recycling Across India

With 114 Gold For All Stores Currently Operational, The Company Is Creating Accessible Touchpoints for Consumers To Evaluate, Recycle, and Monetise Their Gold Through Transparent and Organised Channels

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Augmont, India’s leading gold platform, has launched the next phase of its “Recycle with Resilience” campaign to encourage consumers to unlock greater value from their dormant gold through organised and transparent recycling channels.

As part of the initiative, Augmont has introduced its AI-powered Gold Purity Evaluation Machine in Chennai to help address one of the key concerns consumers face while recycling gold, which is the lack of transparency in purity assessment and valuation. The initiative aims to build trust and encourage wider participation in organised gold recycling.

Gold recycling continues to gain momentum in India. While the country imported approximately $72.4 billion worth of gold in FY26, recycled gold contributed an estimated 125–150 tonnes in 2025 and is expected to increase to 200–250 tonnes in 2026. With household gold reserves estimated at nearly 30,000 tonnes, organised recycling presents a significant opportunity to improve resource efficiency and reduce reliance on imports.

Augmont is further enabling consumer participation in gold recycling through its growing network of Gold For All Centres across multiple states. With 114 Gold For All stores currently operational, the company is creating accessible touchpoints for consumers to evaluate, recycle, and monetise their gold through transparent and organised channels. Over the coming months, Augmont plans to expand this network further to enable greater recycling of old gold and make the process more convenient and accessible for consumers across key markets.

Commenting on the campaign, Ketan Kothari, Whole-Time Director, Augmont, said:

“India has one of the largest household gold reserves globally, yet a significant portion remains idle. Through our ‘Recycle with Resilience’ campaign, we aim to encourage consumers to view gold not just as an asset to store, but as a resource that can be responsibly brought back into the ecosystem.

Transparency remains central to increasing consumer confidence in gold recycling. By leveraging technology-led purity evaluation and enabling fair valuation, we aim to make organised gold recycling more accessible, trusted and consumer-friendly. Through our expanding Gold For All Centre network and technology-enabled infrastructure, we are committed to creating a seamless recycling experience for consumers across the country.”

Over the next 12 months, Augmont plans to expand technology-enabled gold appraisal centres across select markets while continuing consumer education efforts around the economic and environmental benefits of gold recycling.

Through this campaign, Augmont aims to strengthen confidence in organized gold recycling and contribute towards building a more efficient and self-reliant gold ecosystem in India.

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