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Kalyan Share Price Today: Shares of Kalyan Jewellers India Ltd. climbed nearly 6 percent on Wednesday, January 7, after the company’s December-quarter business update pointed to strong demand across both domestic and overseas markets.

The Thrissur-based jewellery retailer reported around 42 percent year-on-year growth in consolidated revenue in Q3 FY26. In India, revenue also rose 42 percent, supported by robust festive buying. Demand stayed resilient even after Diwali despite volatility in gold prices, with growth seen across plain gold and studded jewellery. Same-store sales growth for the quarter stood at about 27 percent.

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International operations posted 36 percent year-on-year revenue growth, with the Middle East delivering a 28 percent increase, driven largely by strong same-store sales. Overseas markets contributed around 11 percent to consolidated revenue.

Meanwhile, the company’s digital-first platform Candere continued to outperform, recording a sharp 147 percent jump in revenue from a year ago.

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During the quarter, Kalyan Jewellers added 21 new showrooms in India, one store in the UK, and 14 Candere outlets. As of December 31, 2025, the company operated 469 showrooms globally, spanning India, the Middle East, the US and the UK.

The strong operating momentum lifted investor sentiment, pushing the stock higher in Wednesday’s trade.

Kalyan Jewellers India Ltd reported better-than-expected results for the September quarter (Q2 FY26), with profit and revenue being largely in line with the estimates by Zee Business Research Team, supported by festive demand and expansion in key markets.

The company posted a consolidated net profit of Rs 260 crore, nearly doubling from Rs 130 crore in the same quarter last year. This was broadly in line with the Zee Business Research estimate of Rs 262 crore, reflecting healthy operational momentum. Revenue from operations came in at Rs 7,856 crore, up 37.4 per cent year-on-year from Rs 6,057 crore in Q2 FY25 — comfortably above the research estimate of Rs 7,795 crore, which had implied a 28.5 per cent growth. The strong performance was led by higher consumer spending during the festive season and robust demand across regions.

EBITDA stood at Rs 497.1 crore, registering a 55.8 per cent increase from Rs 319 crore a year ago, slightly below the estimated Rs 500 crore. The EBITDA margin improved to 6.3 per cent from 5.3 per cent, broadly in line with the 6.4 per cent projected by the Zee Business Research Team.

Shweta Birendra Shukla is a Senior Sub-editor at Zee Business, born and raised in Mumbai—the city that never sleeps and the financial capital that never stops buzzing.