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Kalyan Jewellers sees slowest growth in four quarters

Financial Express Mumbai

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October 07, 2025

KALYAN JEWELLERS REPORTED its slowest sales growth in four quarters in the July-September period (Q2FY26), with demand tempered by rising gold prices, though festive season sales led by Navratri did offset some of the impact.

- VIVEAT SUSAN PINTO

Consolidated revenue in Q2 rose 30% yo-y, Kalyan Jewellers said in its business update released Monday. India operations, which contributes 85-88% to consolidated revenue, saw revenue growth of 31% yo-y in the September quarter, driven by wedding demand and festive sales. Same-store sales grow

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