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
Made In India: The Titan Story – Single-Product Challenger To A Lifestyle and Jewellery Powerhouse
Streaming On Amazon MX Player, Made In India: A Titan Story Traces The Remarkable Journey Of Xerxes Desai and J.R.D. Tata As They Built India’s First Indigenous Quartz Watch Brand
Made In India: A Titan Story is a six-episode biographical drama series streaming for free on Amazon MX Player and available through Prime Video. It chronicles the incredible journey of Tata executive Xerxes Desai and J.R.D. Tata as they defy all odds to build India’s first world-class, indigenous quartz watch. The series is inspired by by Vinay Kamath’s book, Titan: India’s Most Successful Consumer Brand
Set in pre-liberalized India, the show highlights how a sidelined Tata executive (Xerxes Desai) pivots from a failing printing press venture to take on smuggled goods and foreign watch brands. Actor Naseeruddin Shah plays JRD Tata, while Jim Sarbh portrays Xerxes Desai in the series that traces the formation of the company and its growth within the consumer sector. The narrative focuses on decisions, ideas and execution that shaped the business over time. It presents the link between leadership and development of the company.
The story of Titan resonates strongly with Prime Minister Narendra Modi’s vision of “Make in India,” which champions domestic manufacturing, innovation, and self-reliance. Long before the initiative became a national movement, Titan embodied these principles by proving that an Indian company could design, manufacture, and market world-class products capable of competing with global brands.
In many ways, Made In India: A Titan Story serves as a compelling reminder that the foundations of India’s manufacturing ambitions were laid decades ago by pioneers who believed in creating globally competitive products on Indian soil.
From a single-product underdog in 1984 to a retail powerhouse today, Titan Company Ltd. has spent decades rewriting the rules of lifestyle and luxury. With a massive footprint of over 2,000 stores housing 16 iconic brands, they know how to make a statement. Look no further than their glittering jewellery lineup—featuring Tanishq, Zoya, Mia, CaratLane, and beYon—masterfully crafting everything from effortless everyday minimalist pieces to jaw-dropping, high-value luxury.
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