Profit before tax (PBT) for the quarter stood at Rs 601.4 crore, up 104.83% as against Rs 293.6 crore posted in Q3 FY25.
Earnings before interest, tax, depreciation, and amortization (EBITDA) rose 74.53% year-on-year to Rs 750.5 crore in Q3 FY26. The EBITDA margin also improved, reaching 7.3% compared to 5.9% in the same period last year.
The company’s consolidated revenue climbed approximately 42% YoY, driven by robust festive demand, strong same-store sales growth (SSSG), and sharp traction in its digital platform, Candere.
The company’s India operations witnessed revenue growth of approximately 42% during Q3 FY26 as compared to Q3 FY25, driven primarily by strong festive demand. Demand after Diwali remained resilient despite volatility in gold prices, with growth broad-based across both plain gold and studded jewellery segments. The quarter recorded healthy same-store-sales-growth of approximately 27%.
International operations recorded revenue growth of approximately 36% YoY during the quarter. In the Middle East, revenue rose approximately 28% in Q3 FY26 compared with Q3 FY25, largely driven by strong same-store sales growth. International markets contributed approximately 11% to the company’s consolidated revenue during the quarter.
The company’s digital-first jewellery platform, Candere, recorded a revenue growth of approximately 147% during the quarter as compared to the same period during the last year.
During the quarter, the company launched 21 Kalyan showroom.
Kalyan Jewellers India is a leading international retail jewellery chain, into the manufacture and retailing of primarily gold and precious stone studded jewelleries.