Kalyan Jewellers India Limited reported a consolidated revenue growth of approximately 31% in the first quarter of FY2026, compared to the same period last year, despite challenges such as gold price volatility and geopolitical uncertainty.
The company’s India operations also posted a 31% revenue increase, driven by strong Akshaya Tritiya and wedding demand. Same-store sales grew by a healthy 18%, signalling sustained consumer interest in Kalyan’s jewellery offerings.
International operations mirrored this trend, contributing around 15% to overall revenue. The Middle East saw a 26% jump in revenue, largely on the back of strong same-store sales.
Kalyan’s digital-first platform Candere registered an impressive 67% revenue growth year-on-year, following a brand campaign launched in May 2025. The campaign helped boost showroom footfalls, online traffic and overall revenue.
In Q1 FY26, Kalyan opened 10 new showrooms in India and 1 in the US, while Candere added 8 more stores in India. The company now operates 406 showrooms globally, including 287 in India, 36 in the Middle East, 2 in the US, and 81 Candere outlets.
Looking ahead, Kalyan plans to open 170 new showrooms in FY2026 – 75 Kalyan stores in non-south India, 15 in south India and international markets, and 80 Candere stores. This includes five large-format flagship stores.
The company said the current quarter has started on a strong note and preparations are underway for the festive and wedding season, including new collections and marketing campaigns.