National News
Kalyan Jewellers Q4 Update:Revenue Surges 37% Year-on-Year
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).
National News
GJEPC’s MSME Chaupal Familiarises Zaveri Bazaar Jewellery Community On Export Ecosystem
The session brought together jewellery manufacturers, traders and entrepreneurs to familiarise them with India’s export ecosystem
GJEPC organised a special MSME Chaupal themed “3Es: Educate, Empower and Export” for members of the Zaveri Bazaar jewellery community in Mumbai, aimed at creating awareness about export opportunities and the support available for MSMEs and aspiring exporters.
The session brought together jewellery manufacturers, traders and entrepreneurs to familiarise them with India’s export ecosystem and GJEPC’s initiatives designed to help businesses enter and expand in international markets.
Addressing the participants, Archana Pandey, Assistant Manager – MSME Dept., GJEPC, outlined the Council’s role in promoting India’s gem and jewellery exports and serving as a bridge between the industry and the government. She explained how the Council facilitates exporters, expands international market access, and supports the growth of the sector through a range of export promotion initiatives.
The programme also highlighted GJEPC’s handholding efforts for new exporters through government-backed initiatives such as Districts as Export Hubs (DEH), Niryat Disha and Niryat Protsahan. Participants were briefed on the opportunities available under these programmes and the structured support provided to help businesses become export-ready and access overseas markets.
The session covered GJEPC membership benefits, MSME schemes, export readiness, district-level export opportunities, and the role of IJEX, Dubai, in connecting Indian exporters with global buyers. It also explored avenues for MSMEs to expand their presence in international markets.
The interactive Chaupal offered practical insights into export procedures, government support mechanisms and market access initiatives, equipping Zaveri Bazar members with a better understanding of the resources available to help them transition from domestic business to global trade.
Through initiatives such as the 3Es: Educate, Empower and Export, GJEPC continues to strengthen engagement with MSMEs by building export awareness and supporting the next generation of Indian jewellery exporters.
GJEPC’s MSME Chaupal Familiarises Zaveri Bazaar Jewellery Community On Export Ecosystem
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GJEPC’s MSME Chaupal Familiarises Zaveri Bazaar Jewellery Community On Export Ecosystem
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National News1 day agoAkoirah by Augmont Celebrates The Family We Choose With A Thoughtfully Curated Friendship Day Gifting Edit
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National News4 minutes agoGJEPC’s MSME Chaupal Familiarises Zaveri Bazaar Jewellery Community On Export Ecosystem
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National News12 minutes agoUS Retains 10% Tariff On Indian Exports Under New Section 301 Regime
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National News19 minutes agoMCX Gold declines On Firmer US Dollar
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