Kalyan Jewellers Q1 FY27 PAT rises 32% as revenue grows 46%
Kalyan Jewellers reported consolidated Q1 FY27 net profit of Rs 348.66 crore and revenue of Rs 10,588.92 crore. Gross margin narrowed to 11.9% from 13.9%, attributed to higher gold exchanges and promotions. Its India network stood at 354 Kalyan and 129 Candere showrooms at June-end.
Kalyan Jewellers reported Q1 FY27 profit growth of 32% and revenue growth of 46%, while gross margin narrowed due to gold exchanges and promotions. Its India network comprised 354 Kalyan and 129 Candere showrooms as of June-end.
Why this matters
The results extend Kalyan Jewellers’ recent Q1 pattern: revenue rose 46%, its 134-store FY27 expansion plan remained intact, and ICICI Securities lifted its ₹680 target. Profit growth comes despite the reported margin slip.
Retail-company signals are accelerating, up 163444% QoQ.