Kalyan Jewellers Q4 Result: Net profit multifold at ₹410 crore YoY; board recommends final dividend of ₹2.5/per share for FY26

Kalyan Jewellers posted an 118% year-on-year (YoY) increase in its consolidated net profit at ₹410 crore in the quarter ended March 31, 2026 (Q4 FY26). In the corresponding period last year, the firm had clocked a profit of ₹188 crore.

The jewellery retailer's revenue from operations stood at ₹10,275 crore, growing 66% YoY in Q4 FY26, compared to ₹6,182 crore in the fourth quarter of the 2025-26 fiscal year (Q4 FY25).

On the operational level, Kalyan Jewellers’ earnings before interest, taxes, depreciation, and amortisation (EBITDA) came in at ₹736 crore in contrast to ₹399 crore in the same quarter of the previous fiscal year, marking a jump of 84%.

The EBITDA margin expanded to 7.1% in Q4 FY26 as against 6.4% year-over-year.

Kalyan Jewellers has recommended a final dividend of ₹2.50 per equity share (25% on the face value of ₹10 each) for the financial year ended March 31, 2026. The dividend is subject to approval by shareholders at the company’s ensuing AGM.

For FY26, the jewellery firm reported consolidated revenue of ₹35,743 crore, compared to ₹25,045 crore in the previous financial year, marking a growth of 43%. Its consolidated profit after tax (PAT) stood at ₹1,350 crore, up 86% from ₹714 crore in FY25.

In the international operations, the firm said its revenue rose 43% to ₹1,157 crore in Q4 FY26 from ₹807 crore in Q4 FY25. The profit after tax (PAT) for the segment stood at ₹29 crore for the quarter, compared to ₹14 crore in the corresponding period last year, reflecting a growth of 105%.

Kalyan’s lifestyle jewellery platform, Candere, recorded a revenue of ₹131 crore and profit of ₹3 crore for Q4 FY26.

“We ended the previous financial year on a very strong note and have carried the momentum into the ongoing financial year. We witnessed strong growth in our Akshaya Tritiya sale this year, and we continue to see encouraging momentum in consumer demand, especially around the wedding purchases during the current quarter,” said Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India.

On Friday, shares of Kalyan Jewellers closed at ₹424.55 apiece on the National Stock Exchange, gaining 3.26%.