Kalyan Jewellers Q3 FY26 Revenue Surges 42% YoY; Candere Clocks Triple-Digit Growth, Store Network Expands to 469

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Thrissur, January 7, 2026: Kalyan Jewellers India Limited (NSE: KALYANKJIL) reported a robust operating performance for the quarter ended December 31, 2025, delivering consolidated revenue growth of approximately 42% year-on-year in Q3 FY26, supported by strong festive demand, healthy same-store sales growth, and rapid expansion across domestic and international markets.

Strong Festive-Led Performance in India​

The company’s India operations recorded revenue growth of around 42% YoY during the quarter, driven primarily by strong festive demand. Management highlighted that demand momentum remained resilient even in the post-Diwali period, despite volatility in gold prices. Growth during the quarter was broad-based across both plain gold and studded jewellery categories.
Same-store sales growth in India stood at approximately 27%, indicating sustained consumer traction across existing outlets.

International Operations Maintain Healthy Momentum​

International operations delivered revenue growth of about 36% YoY in Q3 FY26. Within the Middle East region, revenue growth was around 28%, largely driven by same-store sales performance. International markets contributed roughly 11% to consolidated revenue during the quarter, underscoring their steady role in the overall business mix.

Candere Delivers Breakout Quarter​

The company’s digital-first jewellery platform Candere posted a sharp acceleration in growth, with revenue rising by approximately 147% YoY in Q3 FY26, reflecting rising traction in online-led and omnichannel jewellery consumption.

Aggressive Store Expansion Continues​

Kalyan Jewellers continued its network expansion during the quarter, adding 36 new showrooms across formats and geographies.

Showroom Additions During Q3 FY26​

Format / GeographyNew Stores Opened
Kalyan India21
Kalyan United Kingdom1
Candere India14
Total36
As of December 31, 2025, the company’s total showroom count stood at 469 outlets, spanning both India and overseas markets.

Store Network Snapshot​

SegmentNumber of Showrooms
Kalyan India318
Kalyan Middle East38
Kalyan USA2
Kalyan UK1
Candere110
Total469

About the Company​

Kalyan Jewellers India Limited is one of India’s leading jewellery retailers with a presence across India, the Middle East, the US, and the UK. The company operates through its flagship Kalyan brand and its digital-first platform Candere, offering a wide range of gold, studded, and contemporary jewellery products. The company is listed on the National Stock Exchange and BSE under the symbol KALYANKJIL.

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