Kalyan Jewellers’ board has approved an amendment to the ‘ESOP 2020’ plan, increasing the number of employee stock options from 30,00,000 to 60,00,000. This decision, made during a meeting on November 7, 2025, also includes approval for seeking shareholder authorization via postal ballot. Additionally, the board reviewed and approved the unaudited financial results for Q2 2026 (July-September).
ESOP Expansion
The board of Kalyan Jewellers has given the green light to an increased allocation of employee stock options under the existing ‘ESOP 2020’ plan. This represents a doubling of the available options pool. The move suggests the company anticipates significant growth and seeks to further incentivize its employees.
Q2 2026 Financial Review
In addition to the ESOP changes, the board reviewed and approved the unaudited financial results (standalone and consolidated) for Q2 2026 (July-September). Key figures from the standalone results include:
- Revenue from operations: ₹68,428.39 Million
- Total Income: ₹68,997.58 Million
- Profit After Tax: ₹2,621.81 Million
- Total Comprehensive Income: ₹4,215.80 Million
Key figures from the consolidated results include:
- Revenue from operations: ₹78,560.26 Million
- Total Income: ₹79,074.40 Million
- Profit After Tax: ₹2,605.10 Million
- Total Comprehensive Income: ₹4,550.66 Million
Additional Financial Highlights
Notable highlights from the reviewed financial results for the quarter ended September 30, 2025, include total assets of ₹1,42,561.35 Million (standalone) and ₹1,70,908.68 Million (consolidated).
Auditor Review
The Limited Review Report on the financial results, issued by Walker Chandiok & Co LLP, Chartered Accountants, is enclosed with the announcement, confirming the accuracy and compliance of the reported figures. The board meeting to approve these changes occurred on November 7, 2025, concluding at 3:30 p.m.
Source: BSE
