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Kalyan Jewellers Q2 revenue rises over 26 per cent, India business grows 27 per cent ahead of festive season

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Kalyan Jewellers Q2 revenue rises over 26 per cent, India business grows 27 per cent ahead of festive season

Kalyan Jewellers Q2 revenue rises over 26 per cent, India business grows 27 per cent ahead of festive season

Kalyan Jewellers achieved a consolidated revenue growth of over 26 per cent in the second quarter of FY27. India operations led this growth with a 27 per cent increase and a 20 per cent rise in same-store sales. The lifestyle jewellery brand Candere also experienced significant growth, recording a 64% jump. Additionally, Kalyan opened new showrooms and plans to expand its regional brand, Akshaya Thanga Maligai, during the festive season.

Kalyan Jewellers is entering the festive and wedding season with a consolidated revenue growth of more than 26 per cent in the second quarter of FY27, led by a 27 per cent increase in India operations and a 20 per cent rise in same-store sales . International revenue grew 18 per cent, while lifestyle jewellery brand Candere recorded a 64 per cent jump during the quarter, the company said in its quarterly update. The India business maintained its momentum despite a high base in the year-ago quarter, when all nine days of Navratri fell within the quarter and drove strong sales. Same-store sales grew around 20 per cent across key markets during the latest quarter. Advt

The company also launched its first regional jewellery brand, Akshaya Thanga Maligai (ATM), in Chennai in August. The brand has seen encouraging revenue traction in its first 40-plus days, with Tamil Nadu's biggest festive season set to begin from October 11. Kalyan plans to open four more ATM showrooms under the franchise model during FY27, with two slated for the current quarter and two in the fourth quarter.


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