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  1. Kalyan Jewellers Q4 net profit surges 36% YoY to ₹188 crore, dividend recommended

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Kalyan Jewellers Q4 net profit surges 36% YoY to ₹188 crore, dividend recommended

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2 min read | Updated on May 08, 2025, 19:18 IST

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SUMMARY

Kalyan Jewellers' revenue from operations stood at ₹6,181.53 crore, growing 36.60% YoY in Q4FY25, compared to ₹4,525.01 crore in the fourth quarter of the 2023-24 fiscal year (Q4FY24). The robust surge in revenue was majorly due to healthy same store sales growth (SSSG) by 21%.

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Kalyan Jewellers' board also allotted 4.6 lakh (4,59,770) shares with a face value of ₹10 each to eligible employees

Kalyan Jewellers' board also allotted 4.6 lakh (4,59,770) shares with a face value of ₹10 each to eligible employees

Kalyan Jewellers on Thursday, May 8, declared a 36.44% year-on-year (YoY) increase in its consolidated net profit at ₹187.60 crore in the quarter ended March 2025 (Q4FY25). In the corresponding period last year, the jewellery retailer had clocked a profit of ₹137.49 crore.

The company's revenue from operations stood at ₹6,181.53 crore, growing 36.60% YoY in Q4FY25, compared to ₹4,525.01 crore in the fourth quarter of the 2023-24 fiscal year (Q4FY24). The robust surge in revenue was majorly due to healthy same store sales growth (SSSG) by 21%.

Franchise showrooms contributed to approximately 42% of its revenue, which led to lower lower overall gross margin and EBITDA margin as expected, Kalyan said. In the quarter under review, its EBITDA increased 35% YoY to ₹343.5 crore from ₹255 crore.

Commenting on the results, Ramesh Kalyanaraman, the Executive Director of Kalyan Jewellers India Limited, said: "We had an excellent start to the current financial year despite continuing volatility in gold price,s carrying forward the momentum in business from the previous financial year. We witnessed robust growth in our Akshaya Tritiya sales this year and we continue to see encouraging momentum in consumer demand, especially around the wedding purchases during the current quarter."

The company's board also recommended a final dividend of ₹1.50 (15%) per equity share of ₹10 each for the financial year ended March 31, 2025, subject to shareholder approval at the ensuing Annual General Meeting of the Company.

Its board also allotted 4.6 lakh (4,59,770) shares with a face value of ₹10 each to eligible employees upon exercise of vested options under Kalyan Jewellers ESOP 2020.

In the quarter under review, the jeweller added 25 new showrooms in India, with plans to launch 84 FOCO Kalayan (Franchise Owned, Company Operated) showrooms in the country.

In FY26, the jeweller is set in India, with network expansion in the Middle East and the US through the FOCO model.

Shares of Kalyan Jewellers closed in the red at ₹512.40 apiece, down 2.05% on the National Stock Exchange (NSE) on Thursday. However, the results were announced after the market ended its trading session.

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