Kalyan Jewellers reports Q3 revenue growth of 39 percent

Kalyan Jewellers Ltd reported a revenue growth of 39 percent for the third quarter ended December 31, 2024, as compared to Q3 of the previous financial year.

The company’s revenue from its India operations grew by 41 percent as compared to Q3 FY2024, led by very strong festive and wedding demand across categories.

In the Middle East, the company reported revenue growth of approximately 22 percent as compared to the same period in the previous financial year.

During the October-December quarter, the company launched 24 Kalyan showrooms and 23 Candere showrooms.

The company plans to open 30 Kalyan showrooms and 15 Candere showrooms in India during the current quarter.

Kalyan Jewellers ended the quarter with a store count of 349 across as on 31st December 2024.