National News
Kalyan Jewellers Reports 35% Revenue Surge in FY25, PAT Rises to ₹714 Crore
Strong Q4 performance driven by wedding demand and festive sales, though Candere continues to face profitability challenges
Kalyan Jewellers has reported a strong financial performance for the fiscal year ending March 2025, posting a 35% year-on-year increase in consolidated revenue, which rose to ₹25,045 crore, up from ₹18,516 crore in FY24. The company also recorded a 20% rise in consolidated Profit After Tax (PAT), reaching ₹714 crore, compared to ₹596 crore in the previous year.
In the fourth quarter of FY25, Kalyan Jewellers reported consolidated revenue of ₹6,182 crore, reflecting a 37% increase over the same quarter last year. The PAT for the quarter stood at ₹188 crore, marking 36% growth year-on-year.
While the core jewelry business performed strongly, the company’s digital-first lifestyle jewelry platform, Candere, continued to underperform. For Q4 FY25, Candere reported revenue of just ₹28 crore and incurred a net loss of ₹12 crore, highlighting ongoing challenges in the online jewelry segment.
Commenting on the results, Ramesh Kalyanaraman, Executive Director of Kalyan Jewellers, said: “We had an excellent start to the current financial year despite continuing volatility in gold prices, carrying forward the momentum in business from the previous year. We witnessed robust growth in our Akshaya Tritiya sale this year and we continue to see encouraging momentum in consumer demand, especially around the wedding purchases during the current quarter.”
The company attributed its strong performance to sustained demand during key festive periods and a growing appetite for wedding jewelry across its domestic and international markets. Looking ahead, Kalyan Jewellers remains optimistic about demand trends, despite market uncertainties related to gold price volatility.
Amoura, the contemporary fine jewellery label by D.P. Jewellers, marked International Women’s Day with an elegant and thoughtfully curated celebration in Indore. The exclusive gathering brought together women for an evening dedicated to wellness, community, and self-expression.
Hosted at DEUCE, the invite-only event reflected Amoura’s philosophy of celebrating modern women who effortlessly balance strength with elegance in their everyday lives. The evening created a warm and engaging space for guests to connect, unwind, and celebrate the spirit of womanhood.
As part of the celebration, guests were also introduced to Amoura’s contemporary jewellery collection — delicate, lightweight designs thoughtfully created to complement a woman’s everyday lifestyle. From professional workdays to festive occasions, the collection highlights versatile pieces that add a subtle yet refined sparkle to every moment.
Speaking on the occasion, Aman Kataria, SM Business Development at D.P. Jewellers, shared, “At Amoura, our vision is to create jewellery that truly reflects the lifestyle of modern women — elegant, expressive, and versatile enough to be worn every day. Celebrating Women’s Day through such meaningful experiences allows us to connect with our customers beyond jewellery and honour the strength, individuality, and confidence that women bring to every aspect of life.”
Adding to this, Sujal Kataria, SM Business Development at D.P. Jewellers, said,“Amoura represents a fresh and contemporary approach to fine jewellery, designed for women who appreciate style, comfort, and versatility. Through initiatives like this Women’s Day celebration, we aim to create meaningful experiences for our customers while showcasing jewellery that seamlessly becomes a part of their everyday lives.”
Through initiatives like this, Amoura by D.P. Jewellers continues to strengthen its positioning as a modern jewellery brand that resonates with today’s women, offering fine jewellery that is contemporary, versatile, and designed for everyday wear.
The Amoura collection is available across all stores of D.P. Jewellers.
Source:D.P. Jewellers
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