loader image
Connect with us

National News

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

Published

on

479 Views

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).

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

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

Published

on

1,782 Views

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.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x