
Kalyan Jewellers Records 38% Revenue Growth in Q1 FY2026-2027 Amid Strong India Operations and Digital Growth
Kalyan Jewellers India Ltd has reported significant consolidated revenue growth, recording an increase of approximately 38% for the quarter ending June 30, 2026, compared to the corresponding period in the previous financial year. The company also highlighted robust momentum across its digital platform and international markets.The domestic operations in India demonstrated exceptional performance, achieving a revenue growth exceeding 38%. This strong growth was attributed to healthy same store sales across key markets nationwide, despite the recent quarter encompassing the Adhik Maas period. During this time, which is described as a once in three year phenomenon where wedding demand typically slows in certain areas, the company recorded a same store sales growth of approximately 28%.
Focusing on sustainability and responsible consumption, Kalyan Jewellers reported that its 'Shine with India' gold recirculation campaign, launched during the second half of May, successfully increased the share of recycled gold relative to revenue. The initiative achieved a market penetration rate exceeding 46% for Q1 FY2027. For the month of June specifically, the share of recycled gold as a percentage of revenue was recorded in excess of 55%.
International and Digital Platform Performance
International operations contributed approximately 14% to the consolidated revenue during the quarter. The Middle East market saw specific growth of around 30% for Q1 FY2027, driven by same store sales despite footfall impact caused by regional geopolitical tensions in April.The digital division of the company recorded impressive growth. Candere, the digital-first jewellery platform, achieved a revenue growth rate of approximately 112% during the recently concluded quarter compared to the same period last year.
Operational Expansion and Footprint
Kalyan Jewellers expanded its retail presence across India, having launched 12 new Kalyan showrooms and 5 Candere showrooms during the reporting period.As of June 30, 2026, the company maintained a substantial total global footprint of 524 showrooms across all segments.
The distribution of these showrooms is detailed below:
| Segment | Showroom Count |
|---|---|
| Kalyan India | 354 |
| Kalyan Middle East | 38 |
| Kalyan USA | 2 |
| Kalyan UK | 1 |
| Candere (Global) | 129 |
The revenue figures provided refer to the sale of goods, excluding bullion. A detailed information update will be released following the approval of these results by the board of directors.
KALYANKJIL Stock Price Movement
Shares of Kalyan Jewellers India Limited slipped by 0.14% on Monday, closing at ₹381.25 after trading on the equity exchange. The stock moved within a narrow intraday range and registered a total traded volume of 2.63 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.