MUMBAI: Jewellery retailer Kalyan Jewellers on Thursday reported a 36.44 per cent year-on-year increase in its consolidated net profit to Rs187.60 crore for the quarter ended March 2025.
The company had reported a net profit of Rs137.49 crore in the same quarter of the previous fiscal, it said in a regulatory filing.
Revenue from operations rose 36.60 per cent to Rs6,181.53 crore during the quarter under review, compared with Rs4,525.01 crore a year earlier.
For the full year ended March 2025, Kalyan Jewellers posted a consolidated net profit of Rs714 crore, up from Rs596 crore in the previous financial year.
Consolidated revenue for FY25 stood at Rs25,045 crore, a growth of 35 per cent from Rs18,516 crore in FY24.
“We had an excellent start to the current financial year despite continuing volatility in gold prices, carrying forward the momentum in business from the previous financial year. We witnessed robust growth in our Akshaya Tritiya sale this year and continue to see encouraging momentum in consumer demand, especially around wedding purchases during the current quarter,” said Ramesh Kalyanaraman, executive director at Kalyan Jewellers.
Shares of the company closed 2.05 per cent lower at Rs512.30 on the NSE
