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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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MMTC-PAMP Unveils The Radha Krishna 50g Silver Bar; A Timeless Celebration Of Divine Love and Devotion

This Year, Bangkok Gems Will Place Greater Emphasis On Design and Value Creation, With The Designer Zone, Collaborations With merging Talent, Business Matching, Seminars, and Industry Networking Opportunities.

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MMTC-PAMP, India’s only London Bullion Market Association (LBMA) Good Delivery gold  and silver refiner, has announced the unveiling of its latest offering, the Radha Krishna 50 grams Silver Bar. Crafted in  999.9+ purest silver, the all-new bar is inspired by the eternal bond of Lord Krishna and Radha. The collectible embodies  the deep meaning of love, devotion, harmony and spiritual peace, blending India’s rich cultural heritage with exquisite  craftsmanship. 

The Radha Krishna Silver Bar from the house of MMTC-PAMP is a visual celebration of one of the most cherished  symbols of divine love in Indian tradition. The obverse depicts Radha and Krishna sitting together in a serene garden  under an ornate temple arch, representing unconditional love, peace and everlasting companionship. Krishna’s flute  showcases divine music, while Radha represents devotion. The floral detailing adds richness, further enhancing the  artwork and adding depth, vibrancy and a premium aesthetic to the design of the bar. 

The back of the product shows an elegant decorative frame inspired by traditional Indian temple architecture. Delicate  lotus vines, hanging temple bells, peacock feathers and Krishna’s flute with a jewelled crown surround the product  specifications, creating an elaborate composition that reflects the timeless beauty of Indian art and spirituality. 

Speaking on the launch Samit Guha, Managing Director & CEO, MMTC-PAMP, said:

“The Radha Krishna Silver Bar  is a celebration of love, devotion and India’s rich artistic heritage. Radha and Krishna represent a timeless bond that  continues to inspire generations through its message of love, harmony and spiritual connection. Through intricate  craftsmanship and the beauty of pure silver, we have brought these emotions to life. We are delighted to offer our  consumers a collectible that goes beyond its precious metal value to become a meaningful keepsake of faith, love and  tradition.”

Crafted in 50 grams of 999.9+ purest silver, the bar features a premium proof-like finish with high-definition colour  printing, bringing its intricate artwork to life. It is presented in MMTC-PAMP’s tamper-proof Assay Certified Packaging  and is individually serialized to ensure authenticity.  

The Radha Krishna Silver Bar makes a meaningful gift for special occasions and as a collectible, celebrating divine love  while holding the lasting value of silver.  

Every MMTC-PAMP product undergoes a rigorous purification process to guarantee the highest purity and quality.  Additionally, every gold and silver product from MMTC-PAMP comes with positive weight tolerance, ensuring  customers receive more than the stated weight and maximum value with every purchase.

With the Radha Krishna Silver Bar, MMTC-PAMP continues to bring together India’s spiritual traditions and precious  metal artistry, creating meaningful products for collectors, devotees and those seeking an auspicious gift for special  occasions. 

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