Published Sep 9, 2025 4 Min Read

Kalyan Jewellers Q1 FY26 Results Overview

Kalyan Jewellers Q1 FY26 Results: A Deep Dive into Growth Metrics and Market Insights

Kalyan Jewellers, a leading name in the Indian jewellery industry, has reported stellar financial performance for Q1 FY26, showcasing significant growth across key metrics. With a consolidated net profit (PAT) of Rs. 264 crore, marking a 49% year-on-year (YoY) increase, and revenue growth of 31%, the company has reinforced its position as a market leader. This growth is attributed to robust domestic sales, international expansion, and the rising contribution of its digital platform, Candere.

Kalyan Jewellers Q1 FY26 results overview

The Q1 FY26 results of Kalyan Jewellers reflect the company’s strong operational performance and strategic execution in a challenging macroeconomic environment. Key highlights include:

Consolidated PAT: Rs. 264 crore, up 49% YoY.

Revenue Growth: 31% YoY, driven by strong domestic demand and international traction.

Digital Platform Contribution: Candere continues to play a pivotal role in enhancing online sales.

These results demonstrate the company’s ability to navigate fluctuating gold prices and leverage festive demand to fuel growth.



 

Net Profit & Revenue Growth in Q1 FY26

Net profit and revenue growth in Q1 FY26

Kalyan Jewellers’ consolidated PAT surged to Rs. 264 crore in Q1 FY26, showcasing a remarkable 49% increase compared to the previous year. Revenue growth stood at an impressive 31%, driven by higher domestic sales and expanding international business.

Key Financial Metrics

MetricFY26 Q1 ResultYoY Change
RevenueRs.5,475 crore+31%
PATRs. 264 crore+49%

The surge in PAT can be attributed to operational efficiencies, strong festive demand, and a growing customer base. This performance underscores the company’s ability to adapt to market dynamics and optimise its operations.



 

Standalone & International Business Performance

Standalone and international business performance

Kalyan Jewellers’ standalone Indian business recorded a 55% increase in PAT, showcasing the robust demand for gold and diamond jewellery in the domestic market. On the international front, revenue reached Rs. 1,070 crore, marking a 32% YoY growth.

Domestic vs International Performance

RegionRevenueYoY Growth
IndiaRs. 4,405 crore+55%
InternationalRs. 1,070 crore+32%

Key growth drivers include festive demand, brand trust, and targeted marketing campaigns in international markets. The company’s ability to cater to diverse customer preferences has further bolstered its performance in both segments.



 

Market Reaction & Share Performance

Market reaction and share performance

The Q1 FY26 results have garnered positive reactions from analysts and investors alike. Following the announcement, Kalyan Jewellers’ share price witnessed notable movement, reflecting investor confidence in the company’s growth trajectory.

Key Share Performance Metrics

Stock Price Movement: Increase/decrease percentage post-results.

Investor Sentiment: Analysts have expressed optimism about the company’s ability to sustain growth.

Mandatory Disclaimers

Investments in securities markets are subject to market risks. Please read all scheme-related documents carefully before investing.

Past performance is not indicative of future returns.

Outlook & Strategic Expansion Plans for FY26

Outlook and strategic expansion plans for FY26

Kalyan Jewellers has outlined ambitious plans for FY26, including new store launches, strategic expansion into untapped markets, and festive season campaigns. These initiatives aim to strengthen the company’s presence in both domestic and international markets while enhancing customer engagement.

In addition, the company’s focus on digital transformation through Candere is expected to drive further growth in online sales.

Conclusion

Conclusion

Kalyan Jewellers has delivered an impressive Q1 FY26 performance, with a 49% surge in consolidated PAT and 31% revenue growth. The company’s strategic focus on operational efficiencies, festive demand, and international expansion has paid off handsomely. Looking ahead, its robust expansion plans and digital initiatives position it well for sustained growth.

For investors seeking to capitalise on growth opportunities in the jewellery sector, explore Kalyan Jewellers’ share price.

Frequently Asked Questions

What was Kalyan Jewellers’ consolidated net profit in Q1 FY26?

Kalyan Jewellers reported a consolidated net profit of Rs. 264 crore in Q1 FY26, marking a 49% year-on-year increase.

How did Kalyan Jewellers’ net profit change in Q1 FY25-26?

The company’s net profit increased by 48.73% YoY in Q1 FY26, driven by strong domestic demand and 31% revenue growth.

Did Kalyan Jewellers expand its retail network in Q1 FY25-26?

While the Q1 results emphasise strong financials, the company’s broader FY26 strategy highlights plans for new store launches and network expansion efforts.

How did Kalyan Jewellers’ Q1 results compare to Titan or other jewellery peers?

While Titan experienced growth, Kalyan Jewellers outpaced peers with robust PAT growth (49%) and overall revenue increase (31%), supported by domestic and international performance.

For more insights on investment opportunities and market trends, visit Bajaj Finserv Insights.

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