Connect with us

National News

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

Published

on

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

National News

This Ganesh Chaturthi, Gift Blessings Wrapped In Gold With Aspect Bullion & Refinery

From Customised Lord Ganesha Gold Coins To Thoughtfully Crafted Festive Keepsakes, Aspect Bullion & Refinery Brings Together Tradition, Sentiment and Enduring Value

Published

on

 As households across India prepare to welcome Lord Ganesha with devotion, joy, and togetherness, Aspect Bullion & Refinery, a vertical of Aspect Global Ventures presents a comprehensive, thoughtfully curated festive range of certified gold and silver coins designed to add lasting meaning to the celebrations.

At the centre of this year’s festive offerings is the exclusive Ashtavinayak Collection, celebrating the eight sacred manifestations of Lord Ganesha in 999 silver, alongside specially engraved Ganesh Gold and Silver Coins. Blending sacred imagery with modern minting precision, these pure coins serve as auspicious tokens of prosperity, wisdom, and new beginnings.

To cater to every household and gifting preference, the collection spans versatile denominations:

  • Pure Gold Coins & Bars: Available from accessible from milligrams up to 100 grams, making pure 24-karat gold attainable across every budget without compromising on refinery-certified purity.
  • 999 Silver Coins & Bars: Available in pure 999 silver denominations offering an auspicious, enduring alternative for festive puja and community gifting.
  • Special Edition Customized Coloured Silver Coins & Bars: Featuring detailed, vibrant colour prints of Lord Ganesha, alongside options to personalize coins for family, corporate partners, and milestone celebrations.

Each coin comes sealed in tamper-evident assay packaging, guaranteeing certified purity straight from the refinery.

Speaking on the festive launch, Darshan Desai, CEO, Aspect Bullion & Refinery, said:

“Ganesh Chaturthi is the true embodiment of Shubh Shuruat – auspicious beginnings, faith, and blessings that outlast the season. In our culture, bringing gold or silver home to welcome Bappa is never just another purchase; it is an emotional tradition of inviting lasting prosperity into the family. At Aspect Bullion, our vision is to honour that sacred sentiment by making pure, certified precious metals accessible, transparent, and personal for everyone.

Whether an individual is choosing our sacred Ashtavinayak silver set, a colourful Ganesha keepsake, or an engraved gold coin, we stand alongside every household celebrating Bappa’s arrival this year.”

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