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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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Jagannath Gangaram Pednekar Jewellers Celebrates Jewellery as a Lifestyle with The Great Jewellery Festival

Month-long festival brings together diamond, gold and silver jewellery for everyday dressing, celebrations, gifting and special occasions

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Jewellery is increasingly becoming part of everyday life, moving beyond weddings and milestone occasions to find a place in everyday dressing, work, celebrations, gifting and personal expression. Reflecting this evolving relationship with jewellery, Jagannath Gangaram Pednekar Jewellers (JGP) is bringing together a diverse range of diamond, gold and silver jewellery through its month-long The Great Jewellery Festival, being held from October 15 to November 15, 2026.

Rather than focusing on a single jewellery category or collection, the festival celebrates the breadth of jewellery available at JGP. From lightweight gold and real diamond pieces to statement designs and wedding jewellery, the festival brings together options suited to different occasions, styles and preferences.

The changing role of jewellery is also reflected in how consumers are making their choices. While weddings, festivals and family celebrations continue to be important occasions for jewellery purchases, consumers are increasingly looking for pieces that can complement their everyday wardrobe. Lightweight earrings, rings and other versatile designs can move seamlessly from work and casual occasions to festive gatherings, while more distinctive pieces can mark celebrations and personal milestones.

The festival will feature real diamond jewellery starting at ₹25,000 onwards and gold jewellery starting at ₹10,000 onwards, offering consumers an opportunity to explore fine jewellery across different styles and price points. The gold offering includes everyday pieces such as rings and earrings, alongside designs suited to more special occasions.

The festival brings together some of JGP’s established collections, each reflecting a different facet of the jewellery experience. Amalia, the brand’s real diamond jewellery collection, has emerged as a hot favourite among consumers, offering diamond pieces that combine elegance with contemporary appeal.


For weddings, Sanvi, one of JGP’s wedding jewellery collections, reflects the enduring appeal of traditional bridal jewellery, while Amrapali, a longstanding bestseller, celebrates the timeless importance of traditional and occasion-led jewellery.

You & Me adds silver jewellery to the portfolio, offering contemporary designs for those looking to express their individual style.


Together, these collections reflect the diverse ways in which consumers engage with jewellery today. A customer may choose a lightweight gold piece for regular wear, a real diamond design for a personal milestone, or traditional jewellery for a wedding or family celebration. The choice is increasingly shaped not only by the occasion, but also by individual taste, lifestyle and the versatility of the piece.

With The Great Jewellery Festival, JGP aims to celebrate this wider role of jewellery while bringing its diverse portfolio together under one platform. The festival builds on JGP’s longstanding heritage and credibility while responding to the evolving expectations of today’s jewellery consumer — from those looking for everyday pieces and contemporary designs to customers seeking wedding jewellery, diamonds and statement pieces for significant occasions.

Speaking about the festival, Sanika Pednekar, Creative Director at Jagannath Gangaram Pednekar Jewellers, said, “

Jewellery today is no longer limited to a few big occasions. People are looking for pieces they can wear to work, for a celebration, as a gift or simply because they want to. With The Great Jewellery Festival, we wanted to bring that entire spectrum together and give customers the freedom to find jewellery that fits their occasion, style and personality.”
The Great Jewellery Festival will be held from October 15 to November 15, 2026, at Jagannath Gangaram Pednekar Jewellers.

Key Highlights:
● The Great Jewellery Festival: October 15 to November 15, 2026
● Jewellery across diamond, gold and silver
● Real diamond jewellery starting at Rs.25,000 onwards
● Gold jewellery starting at Rs.10,000 onwards
● Lightweight, contemporary and everyday-wear designs
● Collections including Amalia, Sanvi, Amrapali and You & Me
● Jewellery for everyday dressing, work, festivals, gifting, weddings and milestones
● A celebration of jewellery as part of modern lifestyle and personal expression

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