Kalyan Jewellers Falls 8% As Q1 Growth Fails To Impress Investors
Kalyan Jewellers shares dropped as much as 8.63% intraday to Rs 348.35 after Q1 FY27 provisional numbers underwhelmed the street, despite 38% consolidated revenue growth and 28% India same-store sales growth. Candere revenue surged 112%, international rose 35%, and the company opened 12 Kalyan and 5 Candere showrooms in the quarter.
Kalyan Jewellers shares fell 8% after Q1 FY27 provisional numbers underwhelmed investors, despite 38% consolidated revenue growth, 28% India same-store growth, 112% Candere growth, and 17 new showroom launches in the quarter.
Why this matters
The drop extends a pattern of Kalyan Jewellers sliding despite strong Q1 numbers, with earlier signals noting ~9% falls even as 38% revenue growth was overshadowed by Titan comparisons.
Retail-company signals are accelerating, up 617500% QoQ.