Kalyan Jewellers shares acquire 2% as Q2 income grows 26% YoY, agency data 20% same-store-sales progress
The corporate launched its enterprise replace on Wednesday, saying that its India operations recorded a income progress of practically 27% year-on-year in Q2 FY27, led by strong working momentum with wholesome same-store-sales-growth throughout all of its key markets. The 26% progress over Q2 FY26 comes regardless of the excessive base following robust Navratri gross sales final 12 months through the second quarter as all 9 days of Navratri have been a part of it.
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Kalyan Jewellers sees 20% same-store-sales progress in Q2
Kalyan Jewellers recorded same-store-sales-growth of roughly 20% within the second quarter. The corporate in its provisional enterprise replace added that through the quarter, it launched its first regional model, Akshaya Thanga Maligai (ATM), in Chennai. “We’re extremely inspired by the way in which the model has been obtained and the robust income traction over the primary 40 plus days of operation with the largest season for Tamil Nadu slated to begin from October 11,” it additional mentioned.
The jeweller has now drawn up plans for the launch of the following 4 showrooms below the franchised mannequin over the course of the present monetary 12 months, with two showrooms more likely to open through the ongoing third quarter and two through the fourth quarter.
Kalyan Jewellers’ Q2 worldwide income grows 18%
Kalyan Jewellers mentioned its worldwide operations recorded income progress of round 18% YoY in Q2 FY27. Inside the Center East particularly, the corporate witnessed income progress of roughly 12% through the quarter regardless of tensions, pushed totally by same-store-sales-growth. Worldwide markets contributed practically 11% to the corporate’s consolidated income for the not too long ago concluded quarter.
Its way of life jewelry model, Candere, recorded a income progress of practically 64% through the second quarter as in comparison with the identical interval over the past 12 months. It launched 12 Kalyan showrooms in India (internet 11) , 9 Candere showrooms in India and 1 Kalyan showroom within the UK through the quarter which ended on September 30, 2026.Throughout the second quarter, Kalyan Jewellers accomplished the sale of one of many two recognized parcels of non-core actual property belongings, held on the market, with worth of roughly Rs 86 crore. It expects to finish the sale of the second valued at roughly Rs 16 crore through the ongoing third quarter. The quarter additionally noticed non-GML debt coming all the way down to zero, it added.
“We’re upbeat in regards to the upcoming festive and wedding ceremony season throughout the nation and are totally prepared with contemporary collections, campaigns and new showroom launches,” the corporate mentioned in its provisional enterprise replace for Q2 FY27.
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Kalyan Jewellers share value
Kalyan Jewellers India shares have fallen practically 1% prior to now one week and greater than 7% in a single month, however the inventory general has gained over 13% in 2026 up to now and 12% in a 12 months.
In the long run, the corporate’s shares have delivered multibagger returns of greater than 112% in three years and 586% in 5 years. The corporate has a market capitalisation of greater than Rs 56,610 crore.
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