Kalyan Jewellers India Ltd witnessed a 3% intraday surge in its stock price on Friday, defying broader market weakness triggered by India-Pakistan tensions following Operation Sindoor. The rally comes on the back of strong Q4 FY25 earnings, which showcased robust revenue growth and improved profitability.
Financial Highlights
- Consolidated revenue for Q4 FY25 rose 37% YoY to ₹6,182 crore, compared to ₹4,525 crore in the same quarter last year.
- Net profit surged 36% YoY to ₹188 crore, up from ₹138 crore in Q4 FY24.
- Standalone India revenue grew 38% YoY to ₹5,350 crore, while net profit rose 41% YoY to ₹185 crore.
- Middle East operations recorded 26% revenue growth to ₹784 crore, with net profit increasing 22% to ₹12 crore.
- Candere, the company’s online jewellery platform, reported ₹28 crore in revenue, but posted a net loss of ₹12 crore.
Dividend Declaration & Market Performance
Kalyan Jewellers’ board has recommended a final dividend of ₹1.50 per equity share (15% of face value) for FY25, subject to shareholder approval. Following the earnings announcement, shares of Kalyan Jewellers hit an intraday high of ₹527.70, marking a 3.2% gain against the previous close of ₹511.30 on the BSE.
Strategic Outlook
The company attributes its strong performance to robust demand during Akshaya Tritiya and wedding season purchases. Executive Director Ramesh Kalyanaraman stated that despite volatility in gold prices, consumer sentiment remains positive, supporting continued growth.
With expansion plans in India and the Middle East, Kalyan Jewellers aims to strengthen its market position and sustain its growth trajectory.
