Kalyan Jewellers reported a strong 42% consolidated revenue growth for Q3 FY2026 compared to the same period last year. India operations also saw a 42% increase. International operations grew by approximately 36%. The digital-first jewellery platform, Candere, recorded a substantial revenue growth of approximately 147%.
Q3 FY2026 Performance Overview
Kalyan Jewellers has announced a robust performance for the recently concluded quarter. The company experienced a consolidated revenue growth of approximately 42% compared to Q3 FY2025.
India Operations
The company’s India operations mirrored the overall growth, witnessing a revenue increase of approximately 42% during Q3 FY2026 as compared to Q3 FY2025. This growth was primarily fueled by strong festive demand and was broad-based across both plain gold and studded jewelry categories. Same-store-sales-growth stood at approximately 27%.
International Performance
Kalyan Jewellers’ international operations also performed strongly, recording revenue growth of approximately 36% for the quarter ended December 31, 2025, compared to the same period in the previous financial year. Specifically, in the Middle East, the company saw revenue growth of approximately 28%. International markets contributed approximately 11% to the consolidated revenue for the recently concluded quarter.
Candere: Digital Platform Growth
The company’s digital-first jewellery platform, Candere, recorded significant growth, with revenue increasing by approximately 147% during Q3 FY2026 compared to the corresponding period last year.
Expansion Update
During the quarter, Kalyan Jewellers expanded its retail footprint by launching 21 Kalyan showrooms in India, 1 Kalyan showroom in the United Kingdom and 14 Candere showrooms in India.
Showroom Count
As of December 31, 2025, Kalyan Jewellers has a total of 469 showrooms across India and international markets. This includes 318 Kalyan showrooms in India, 38 in the Middle East, 2 in the USA, 1 in the UK, and 110 Candere showrooms.
Source: BSE
