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Khazanchi Jewellers Reports Strong Q2 FY26 Performance With 113% EBITDA and 119% PAT Growth

Strong festive demand, design innovation, and expanding retail and wholesale networks power Khazanchi Jewellers’ standout growth in Q2 and H1 FY26.

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Khazanchi Jewellers
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Khazanchi Jewellers Limited, a leading Indian jewellery company known for its gold, diamond, precious stone, and bullion offerings, has announced robust unaudited financial results for Q2 and H1 FY26, showcasing significant growth across key metrics.

Khazanchi Jewellers – Financial Highlights (Q2 & H1 FY26)

MetricQ2 FY26YoY GrowthH1 FY26YoY Growth
Total Revenue₹548.92 Cr46.25%₹952.76 Cr25.94%
EBITDA₹32.62 Cr112.86%₹53.78 Cr86.81%
EBITDA Margin5.94%+186 bps5.64%+184 bps
PAT₹23.54 Cr119.41%₹38.70 Cr93.66%
PAT Margin4.29%+143 bps4.06%+142 bps
EPS₹9.52118.35%₹15.6493.56%

Rajesh Mehta

Commenting on the company’s strong performance, Rajesh Mehta, Chairman & Joint Managing Director, said the quarter marked exceptional growth driven by sustained innovation, enhanced design offerings, and affordability despite volatile precious metal prices. He noted that festive and pre-Diwali demand significantly boosted both retail and wholesale operations.

He added that the company’s diamond brand, Vajraa Diamonds by Khazanchi, is strengthening its presence in premium segments and elevating brand visibility. With a growing retail and wholesale network, continuous design upgrades, and a customer-first approach, Khazanchi Jewellers remains confident in delivering sustained profitable growth and long-term value for stakeholders.

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National News

Candere expands Karnataka presence with Kengeri store opening

Lifestyle jewellery brand by Kalyan Jewellers strengthens Bengaluru footprint with modern retail experience and launch offers up to ₹35,000 off per carat.

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Candere, the lifestyle jewellery brand by Kalyan Jewellers known for its modern and trend-led designs, has expanded its retail presence in Karnataka with the launch of its newest store in Kengeri, Bengaluru. This new addition further reinforces the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers.

The Kengeri store represents Candere’s continued expansion in Karnataka, bringing its curated jewellery experience to one of the city’s rapidly developing residential and commercial neighbourhoods. The expansion strengthens the brand’s presence in key urban markets, catering to the growing demand for modern, design-led jewellery. Thoughtfully designed, the Kengeri store offers a contemporary retail environment complemented by personalised in-store assistance, reflecting Candere’s commitment to elegance, innovation, and an elevated shopping experience.

Known for its lightweight, versatile, and trend-forward jewellery, Candere appeals to Gen Z, working professionals, and style-conscious individuals looking for contemporary designs at accessible price points starting from Rs.10,000. Each piece is designed to help customers express their personal style through contemporary jewellery that blends seamlessly into everyday life.

To mark the launch of its new store, Candere is offering special promotions: Get up to Rs.35,000 off per carat + Rs.850 off per gram on making charges.

With the launch of its store in Kengeri, Candere continues to strengthen its omni-channel presence, integrating its digital expertise with a growing physical retail network. Supported by the heritage and trust of Kalyan Jewellers, the brand continues to enhance the jewellery-buying journey with a focus on transparency, ease, and customer relevance.

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