Kalyan Jewellers Q2 FY26 results showcased robust business growth, with consolidated revenue increasing by approximately 30% compared to the same period last year.
Kalyan Jewellers Q2 FY26 performance was fueled by strong wedding season demand, festive sales, and consistent expansion across markets.
In Q2 FY26, Kalyan Jewellers’ India operations delivered a 31% year-on-year revenue increase, driven by strong demand in the wedding jewellery segment and the onset of the festive season.
The company also recorded healthy same-store-sales growth of approximately 16%. Navratri sales, which were not part of the base quarter last year, helped offset the higher comparison base caused by the previous year’s customs duty cut.
International Business Posts 17% Growth; Middle East Contributes 10%
Kalyan Jewellers’ international operations reported a 17% revenue increase during Q2 FY26 compared to the same period last year. Within the Middle East, revenue rose by 10%, driven entirely by same-store-sales growth. International markets contributed about 12% to the consolidated revenue for the quarter.
Kalyan Jewellers Q2 FY26: Candere Records 127% Revenue Growth
Kalyan Jewellers’ digital-first jewellery brand, Candere, reported an impressive 127% revenue growth in Q2 FY26 compared to the previous year. The growth was attributed to significant improvements in showroom footfalls, web traffic, and overall sales momentum.
Expansion Continues with New Showroom Launches
During Q2 FY26, Kalyan Jewellers opened 15 new showrooms across India, 2 in the Middle East, and 15 Candere outlets in India, reinforcing its retail footprint and customer reach.
Also Read: Candere: Kalyan Jewellers Pune Showroom Inaugurated by Bobby Deol
Debt Reduction Strategy Progresses
The company also received approval from its lead bank for the release of real estate collateral related to repaid debt, marking continued progress toward its FY2026 debt reduction goals.
Kalyan Jewellers Q2 FY26: Strong Start to Festive Quarter
Kalyan Jewellers reported a positive start to the ongoing festive quarter, with strong footfalls across key markets. The company is preparing for Diwali with fresh collections, marketing campaigns, and plans to open 15 additional showrooms.
As of September 30, 2025, Kalyan Jewellers operated a total of 436 showrooms – 300 in India, 38 in the Middle East, 2 in the USA, and 96 under the Candere brand. These results are subject to limited review by statutory auditors, with a detailed financial update to follow board approval.
