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Kerala Chief Minister Shri Pinarayi Vijayan inaugurates Kalyan Jewellers Dialysis Centre in Thrissur

Kalyan Jewellers Foundation strengthens community health by expanding access to life-saving dialysis care.

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The Kalyan Jewellers Dialysis Centre (KJD) in Muthuvara, Thrissur, was inaugurated today by Shri Pinarayi Vijayan, Hon’ble Chief Minister of Kerala. The inauguration ceremony was graced by the presence of several dignitaries, including  T.S. Kalyanaraman, Managing Director of Kalyan Jewellers, and  Vinod Rai, Chairman of the Board. Also in attendance were  Xavier Chittilappilly, Member of the Kerala Legislative Assembly, and Rev. Fr. Julious Arakkal CMI, Director of the Amala Institute of Medical Sciences (AIMS).

Senior leadership from the Kalyan Jewellers also participated in the event. Executive Directors  Rajesh Kalyanaraman and  Ramesh Kalyanaraman, along with Independent Directors  A.D.M. Chavali and  C.R. Raghavopalan, were present.  T.S. Anantharaman (Kalyan Vastralaya),  T.S. Pattabhiraman (Kalyan Silks),  T.S. Balaraman (Kalyan Enterprise),  T.S. Ramachandran (Kalyan Sarees), and  Karthik R. (Kalyan Developers) were also present. 

Shri Pinarayi Vijayan, Hon’ble Chief Minister of Kerala, said, “Kalyan Jewellers Dialysis Center is a service that will greatly benefit society. This is an example of Kalyan Jewellers’ social commitment, a company that has made significant contributions to the economic and industrial development of the region. Kidney-related diseases are on the rise today, and there are many dialysis patients in the state. Dialysis treatment is expensive, and this center will become a great support for those who struggle to afford it,” the Chief Minister said.

This inauguration marks a significant step in the Kalyan Jewellers Foundation’s ongoing commitment to creating meaningful social impact and supporting community wellbeing. Developed with a total investment of approximately ₹12.5 crore, the centre is equipped with 14 dialysis machines and provides free dialysis treatment and doctor consultations to economically disadvantaged patients identified through a structured screening process. Operating two shifts a day, six days a week, the facility can conduct around 700 dialysis sessions each month. In the second phase, the centre is expected to expand its capacity to approximately 1,000 sessions per month, further extending its reach to those in need.

T.S. Kalyanaraman, Managing Director, Kalyan Jewellers Foundation, said, “Over the years, in my personal capacity, I have been able to help many individuals access treatment, and I have witnessed firsthand the challenges that patients and their families face in such situations. These experiences inspired me to think about how we could make a more substantial and lasting impact. It was this reflection that led to the establishment of the Kalyan Jewellers Dialysis Centre in Muthuvara, through our Foundation.”

This initiative addresses an urgent public health need: a study in Kerala shows that the prevalence of chronic renal failure among adults is 4.8%, with contributing factors such as diabetes and hypertension rising sharply. The Kalyan Jewellers Dialysis Centre provides patients with accessible, compassionate, and professional care. Healthcare management is supported by the Amala Institute 

of Medical Sciences, which oversees day-to-day operations, medical protocols, doctor consultations, and patient care, ensuring consistent, high-quality services for all beneficiaries.

Guided by the vision of Mr. T.S. Kalyanaraman, the Kalyan Jewellers Foundation creates meaningful social impact across healthcare, education, disaster relief, and sustainable development. Through its Crafting Futures programme, the Foundation empowers jewellery artisans with training and support to grow their craft. It has also contributed to the Kerala CMDRF during crises such as landslides, floods, and COVID relief efforts. Upholding the philosophy of “pay it forward,” the Foundation partners with initiatives including the Bhoomigeetham Project, Housing For All, and Swachh Bharat Abhiyan, benefitting over 900 families across India.

The inauguration of the Kalyan Jewellers Dialysis Centre underscores the Foundation’s commitment to inclusive healthcare access and community wellbeing, translating corporate purpose into tangible, human-centred impact.

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P N Gadgil Jewellers Reports 127% Surge in PAT for Q2 FY26; Strong Growth Across Retail, E-commerce, and Franchise Segments

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P N Gadgil Jewellers Limited, one of India’s oldest and most trusted jewellery houses with a 193-year legacy, has announced its unaudited consolidated financial results for the quarter ended September 30, 2025 (Q2 FY26), showcasing exceptional performance across key parameters.

The company reported an EBITDA of Rs.1,429.4 million, marking a 117% year-on-year (YoY) increase, and a Profit After Tax (PAT) of Rs.793.1 million, reflecting a 127% YoY growth. Revenue from operations rose to Rs.21,776.2 million, up 8.8% YoY and 27% sequentially (QoQ). EBITDA margin expanded by 327 basis points to 6.6%, while PAT margin improved to 3.6%.

For H1 FY26, total revenue stood at Rs.38,921.8 million, growing 6.1% YoY, with an average revenue per store of Rs.617.81 million and net profit per store of Rs.23.69 million, underscoring strong operational efficiency.

Segmental Highlights

  • Retail: Contributed 72.2% of total sales, achieving 28.9% revenue growth, with EBITDA margin at 9.1% and PAT margin at 5.1%.
  • E-commerce: Delivered a stellar 113.2% YoY growth, with revenue rising to ₹1,435.1 million.
  • Franchise: Registered a 104.7% increase, with revenue reaching Rs.3,408.9 million in Q2 FY26.
  • Same-Store Sales Growth (SSSG): Improved by 29% over the previous quarter.

Operational Highlights

  • Transaction Volume & Spend: Transaction count grew 18%, while the Average Transaction Value (ATV) increased to Rs.90,000.
  • Customer Engagement: Footfall rose 20% with a robust 93% conversion rate, signalling strong consumer sentiment.
  • Festive Momentum: Achieved record Navratri sales of ₹4,281 million, up 66% YoY.
  • Category Performance: Gold sales rose 24% in value and 15% in volume, Silver surged 92% in value and 59% in volume, while Diamonds recorded a 31% volume rise, lifting the stud ratio to 9%.

Excluding refinery operations, total revenue grew by 31.4% YoY in Q2 FY26 and 30.9% YoY in H1 FY26, highlighting robust growth across all core business segments.

P N Gadgil Jewellers’ strong performance reflects its strategic focus on customer experience, digital growth, and retail expansion, reaffirming its leadership position in India’s jewellery industry.

Commenting on the performance, Dr. Saurabh Gadgil, Chairman & Managing Director, P N Gadgil Jewellers Limited, said, “Our revenue stood at 38,921.8 million, EBITDA at 2,659.8 (up 101.3% YoY), and PAT at ₹1,486.5 million (up 111.6% YoY) in H1 FY26, supported by healthy growth across all segments, led primarily by the Retail business. Our signature events, Mangalsutra Mahotsav and Paijan Mahotsav, received an exceptional customer response, while record-breaking Navratri sales of Rs.4,281 million provided a strong close to the quarter’s performance.

During the quarter, we also launched a flagship store in Dadar, Mumbai, further strengthening our presence in Maharashtra, and expanded beyond our home state, entering new markets in Uttar Pradesh and Madhya Pradesh. With Dussehra, Diwali, and the upcoming wedding season in the subsequent quarter, we remain optimistic about sustaining this growth momentum.”

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