Kalyan Jewellers
Kalyan Jewellers India has posted a 3.3% decline in consolidated net profit to INR 130.32 crore for the second quarter (Q2) ended September 2024. The decline is attributed to the reduction in customs duty in India...
Titan Company, the Indian jeweller and watchmaker, anticipates a 25% rise in second-quarter revenue due to improved domestic demand for certain jewellery products following a reduction in customs duty on gold imports.In͏͏ July,͏͏ India͏͏ reduced͏͏ import͏͏...
Breaking News
Kalyan Jewellers’ promoters to raise INR 2,500-crore debt to boost equity stake
Kalyan Jewellers India's promoter, Trikkur Sitarama Iyer Kalyanaraman, along with the promoter group, is in talks with Motilal Oswal and 360 One to secure...
PE firm Warburg Pincus offloads 6.45% stake in Kalyan Jewellers for INR 3,584 Cr
Private equity giant Warburg Pincus has divested a 6.45% stake in jewellery retailer Kalyan Jewellers for INR 3,584 crore through open market transactions. Meanwhile,...
Kalyan Jewellers set to enter US market by Diwali, plans 40 new showrooms in India
Kalyan Jewellers, a l͏eading͏ retail jewellery brand, is set to ent͏er ͏the US ma͏rket͏ w͏ith its i͏n͏augural showro͏om plan͏ned for ͏launch by Diwali. Concu͏rrently͏,...
Kalyan Jewellers continues expansion, opens new showroom in Bengaluru
Kalyan Jewellers, a ͏͏͏l͏ea͏͏d͏in͏g jewellery bra͏nd, ͏has͏͏ inaug͏u͏͏rat͏ed͏ a͏ new͏ showro͏o͏m in B͏anashanka͏r͏͏i,͏ Bengaluru.͏͏ This͏ ͏͏͏lates͏t ͏additio͏͏͏n͏͏ ͏͏featu͏r͏es͏ ͏an extens͏ive selec͏ti͏on͏͏ ͏of d͏es͏͏ig͏ns fr͏͏o͏m...
Kalyan Jewellers to acquire remaining 15% stake in Candere for INR 42 Cr
Kalyan Jewellers India has signed a definitive agreement with Rupesh Jain, founder of Candere (Enovate Lifestyles Pvt. Ltd), to acquire his remaining 15% stake...
Malabar Gold & Diamonds, Bhima Jewellers, and Kalyan Jewellers see record-breaking sales on Akshay Tritiya
South Indian jewellers such as Malabar Gold & Diamonds, Bhima Jewellers, and Kalyan Jewellers experienced robust demand during this year's Akshay Tritiya, celebrated on...
Kalyan Jewellers’ Q4 consolidated PAT surges 97% to INR 137 Cr
Kalyan Jewellers has reported a 97% growth in consolidated profit after tax (PAT) to INR 137.49 crore during the March quarter. The retailer's PAT...
Desi jewellery brands bet big on US market expansion, targeting diaspora demand
Despite facing economic and geopolitical challenges, major Indian jewellery brands press on with their expansion into the US market. With a focus on luxury...
Jewellery retailers embrace mall expansion as consumers flock to established brands
The gleaming exteriors of jewellery shops are swiftly becoming a prominent sight in Indian shopping malls, emphasizing a shift in consumer preference towards established...
Kalyan Jewellers reports 34% revenue surge in Q4 FY2024; plans aggressive expansion for FY2025
Despite a sharp rise in gold prices during the second half of the quarter, Kalyan Jewellers, a prominent jewellery player, reported a robust 34...
Top jewellery retailers hold back on lab-grown diamonds citing low consumer demand
Major jewellery retailers like Kalyan Jewellers, Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Senco Gold are refraining from incorporating lab-grown diamonds (LGDs) into their...
Kalyan Jewellers expands presence in Delhi with two new outlets unveiled by Nora Fatehi
Kalyan Jewellers, a renowned jewellery retailer, has opened two fresh outlets in Delhi. The new stores, situated in Kohat Enclave (Pitampura) and Sector 7,...