The company plans to open 170 showrooms across Kalyan and Candere formats in the current financial year (FY26)
Highlighting that the recently concluded quarter (Q4) has been a very fulfilling one, Kalyan Jewellers stated that the company recorded consolidated revenue growth of around 37 per cent year-on-year in the fourth quarter of Financial Year 2025 (Q4FY25), despite volatility in gold prices.
Driven primarily by healthy wedding demand, the company’s India operations witnessed revenue growth of approximately 39 per cent during Q4 FY2025 as compared to the corresponding period of FY24. The quarter recorded same-store-sales-growth of around 21 per cent.
Sharing the quarterly update through an exchange filing, the company added that the Middle East contributed approximately 12 per cent to its consolidated revenue for the recently concluded quarter. In the Middle East, the company registered 24 per cent YoY revenue growth in Q4FY25, led by same-store-sales-growth (SSSG).
“Our digital-first jewellery platform, Candere, recorded a revenue de-growth of approximately 22 per cent during the recently concluded quarter as compared to the same period during the last year. We launched 14 Candere showrooms during Q4 FY2025,” the company stated.
During the recently concluded quarter, the company opened 25 Kalyan showrooms in the country. As far as the current financial year is concerned, the company plans to open 170 showrooms across Kalyan and Candere formats. This includes 75 Kalyan showrooms in non-south India, 15 Kalyan showrooms across south India and international markets and 80 Candere showrooms in India.
“We are upbeat about the ongoing quarter and are witnessing encouraging trends in the advance collections for both Akshaya Tritiya as well as for wedding purchases for the festive/wedding season,” it added. The company stated that it has completed signing LOIs for the franchisee-owned company-operated (FOCO) showrooms planned for the year in India.
The official update added that as of 31 March 2025, the company’s total number of showrooms across India and the Middle East stood at 388.
