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VERIFIEDET Markets·positive

Kalyan Jewellers shares in focus after Q1 profit jumps 32% YoY to Rs 349 crore; margins under pressure

AI Summary
  • ·Kalyan Jewellers reported a 32% year-on-year increase in June-quarter consolidated net profit to Rs 348.7 crore.
  • ·Revenue for the quarter jumped 45.7% to Rs 10,588.9 crore, with EBITDA growing 24.5%.
  • ·India revenue saw a 38% rise, supported by strong same-store sales and showroom network expansion.
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