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
MCX Gold, Silver Futures Enter Period Of Consolidation Following Two-Week Ceasefire
MCX Gold- June 2026 Delivery Slips 0.5% on Liquidity Pressures and Geopolitical Tensions
On the MCX, gold and silver futures have entered a period of consolidation following the recent announcement of a two-week ceasefire between the United States and Iran. During Friday’s session, MCX Gold for June 2026 delivery slipped 0.5% to trade at Rs. 1,53,434 per 10 grams, while silver for May 2026 delivery fell by Rs. 1,701 to Rs. 2,42,067 per kg. Despite the pause in formal hostilities, market participants remain cautious as the ceasefire faces immediate stress from ongoing naval tensions in the Strait of Hormuz and reports of continued military operations in Lebanon.
This recent volatility follows a historic downturn in March, where gold prices plummeted 12% to $4,608 per ounce—the metal’s weakest monthly performance since 2013. According to the World Gold Council, this “counter-intuitive” sell-off occurred despite high geopolitical risk, driven primarily by a desperate need for liquidity and massive deleveraging across global asset classes.
While the near-term outlook remains sensitive to the stability of the Middle East truce, early April has shown signs of a stabilizing floor, supported by positive ETF inflows. However, with domestic prices still below their lifetime highs, experts suggest that a push toward the $5,000 per ounce milestone remains a distant target until clear regional stability is achieved.
MCX Gold, Silver Futures Enter Period Of Consolidation Following Two-Week Ceasefire
Alrosa Plans To Expand Diamond Production Through Severalmaz
KISNA Diamond and Gold Jewellery Unveils Akshaya Tritiya Campaign- Khushiyon Mein Nivesh
Alrosa Plans To Expand Diamond Production Through Severalmaz
MCX Gold, Silver Futures Enter Period Of Consolidation Following Two-Week Ceasefire
Precious Metals Rally On US-Iran Ceasefire: Gold Tops $4,850, Silver Jumps To $76
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DiamondBuzz26 minutes agoAlrosa Plans To Expand Diamond Production Through Severalmaz
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National News9 minutes agoMCX Gold, Silver Futures Enter Period Of Consolidation Following Two-Week Ceasefire
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International News2 days agoPrecious Metals Rally On US-Iran Ceasefire: Gold Tops $4,850, Silver Jumps To $76
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BrandBuzz15 hours agoKISNA Diamond and Gold Jewellery Unveils Akshaya Tritiya Campaign- Khushiyon Mein Nivesh
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