Athira Sethu
Kochi, 12 November 2026
Kalyan Jewellers India has announced its impressive financial performance for Q2 of the financial year 2026-27, which was marked by the rise of its revenues and net profits.
The jewellery retailer announced its consolidated net profit of ₹427 crore for the July-September quarter against ₹260.51 crore in the corresponding period of last year. It marks a rise of 63.6%. The revenue of the company grew 31.4% to cross ₹10,000 crore during the quarter under review.
Revenue Crosses ₹10,000 Crore Mark
Kalyan Jewellers has declared a revenue of ₹10,323 crore for Q2 FY27 against ₹7,856 crore in the same quarter last year. The rise is by 31.4%.
It is due to robust sales in its jewellery retailing business.
The company still benefits from customer demand for gold and other jewellery items.
The recent figures reveal the continued business growth of Kalyan Jewellers in the September quarter.
Net Profit Jumps to ₹427 Crore
The net profit of the company’s consolidation went up to ₹427 crore from ₹260.51 crore for the previous year.
Nevertheless, the recent net profit includes a non-recurring income of ₹73 crore earned through sale of land, which is not related to the company’s core activities.
Excluding this extra earning, the net profit was around ₹354 crore for the company.
This means that there was an almost 36% rise compared with the corresponding quarter of the last year.
It can be concluded that Kalyan Jewellers showed higher net profit due to its activities, despite excluding the mentioned one-time earning.
Operating Profit Rises by Almost 30%
According to reports, the operating profit or EBITDA of the company was ₹644.7 crore in the September quarter.
Thus, EBITDA rose by 29.7% for the year.
Nevertheless, EBITDA margin reduced to 6.25% compared with 6.33% last year.
This small reduction means that the growth of operating profit was slightly lower than that of revenue.
Growth Seen in First Six Months of FY27
There was some good news for Kalyan Jewellers as well in the six months of FY27.
The net profit of the jeweller increased by 48% to ₹776 crore from ₹525 crore in the same period last year.
The revenue in the April to September period jumped up by 38% to ₹20,912 crore from ₹15,125 crore.
It can be observed that there was a steady growth in the business of Kalyan Jewellers.
Jewellery Demand to Remain High
The jewellery demand at Kalyan Jewellers will continue to remain high during the upcoming festive and wedding season.
The company noted that there has been a very encouraging beginning of the festive quarter in terms of sales.
Navratri and Dhanteras are significant festivals for buying jewellery in India.
The company is confident of the customer demand in the coming months.
With improved sales and profitability, Kalyan Jewellers is all set to grow further in the remaining months of FY27.
