Kalyan Jewellers India's Q1 FY 2026-27 Quarterly Results

Result Summary

• Kalyan Jewellers India Ltd reported a 3.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 45.5%.
• Its expenses for the quarter were up by 4.1% QoQ and 46.2% YoY.
• The net profit decreased 14.9% QoQ and increased 32.0% YoY.
• The earnings per share (EPS) of Kalyan Jewellers India Ltd stood at 3.37 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Kalyan Jewellers India Ltd is a prominent player in the Indian jewelry retail industry. The company is known for its extensive range of jewelry products, including gold, diamond, and other precious stone ornaments. Established with a strong brand presence, Kalyan Jewellers operates across multiple locations in India and has a growing international footprint. The company's offerings are tailored to cater to diverse consumer preferences, and it is recognized for its quality craftsmanship and innovative designs. While specific recent developments are not detailed in the provided data, Kalyan Jewellers is generally engaged in various marketing and expansion initiatives to enhance its market presence.

Revenue

For the first quarter of the fiscal year 2027 (Q1FY27), Kalyan Jewellers reported a total income of ₹10,644.66 crores. This represents a quarter-over-quarter (QoQ) increase of 3.1% from ₹10,321.10 crores in Q4FY26 and a significant year-over-year (YoY) growth of 45.5% from ₹7,314.74 crores in Q1FY26. The substantial YoY increase suggests robust revenue growth over the past year. The revenue growth reflects the company's ability to generate increased sales and potentially expand its market reach. The QoQ growth indicates a steady performance compared to the previous quarter.

Profitability

In Q1FY27, Kalyan Jewellers recorded a Profit Before Tax (PBT) of ₹464.82 crores, which marks a decline of 13.7% QoQ from ₹538.82 crores in Q4FY26. However, on a YoY basis, the PBT improved by 31.7% from ₹352.97 crores in Q1FY26. The tax expense for the quarter was ₹116.15 crores, a reduction of 10.2% QoQ from ₹129.32 crores in Q4FY26, yet it increased by 30.7% YoY from ₹88.89 crores in Q1FY26. The Profit After Tax (PAT) for Q1FY27 stood at ₹348.66 crores, declining by 14.9% QoQ from ₹409.50 crores in Q4FY26, but increasing by 32.0% YoY from ₹264.08 crores in Q1FY26. Earnings Per Share (EPS) for Q1FY27 was ₹3.37, reflecting a QoQ decrease of 14.7% from ₹3.95 in Q4FY26 and a YoY increase of 31.6% from ₹2.56 in Q1FY26.

Operating Metrics

Kalyan Jewellers' total expenses for Q1FY27 were ₹10,179.85 crores, an increase of 4.1% QoQ from ₹9,782.28 crores in Q4FY26 and 46.2% YoY from ₹6,961.77 crores in Q1FY26. This increase in expenses aligns with the revenue growth, indicating a proportional rise in operating costs. The company's operating performance, as reflected in the PBT and PAT figures, shows a QoQ decline but a notable YoY improvement, suggesting effective cost management relative to revenue growth. The consistent rise in total expenses in line with income suggests sustained business operations and potential expansion activities.