Kalyan Jewellers slides 9% despite 38% Q1FY27 revenue jump

Kalyan Jewellers shares fell nearly 9% to an intraday low of ₹348.35 (from a ₹381.20 previous close) even after posting ~38% YoY consolidated revenue growth in Q1FY27, with healthy same-store-sales growth across key Indian markets despite the Adhik Maas period.

— Filed Tue, 7 Jul, 2026, 09:51 IST · Source Mint · Markets · Updated

Kalyan Jewellers shares fell nearly 9% despite reporting ~38% YoY consolidated revenue growth in Q1FY27, driven by healthy same-store-sales-growth across key Indian markets despite the Adhik Maas period.

Why this matters

The drop extends a rough run for Kalyan Jewellers, down 34% YTD despite an earlier Q1 profit surge, even as some analysts flagged a strong buy at ₹377.85 on resilient domestic demand.

Retail-company signals are accelerating, up +612400% QoQ.