• Startup Pulse
    altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. EloElo Group raises $80 million in a Series C round led by Hornbill Capital and NBCUniversal, with MIT Investment Co. and existing investors participating. Peppermint Robotics raises ₹100 crore (approximately $10.5 million) in a Pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating. Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. EloElo Group raises $80 million in a Series C round led by Hornbill Capital and NBCUniversal, with MIT Investment Co. and existing investors participating. Peppermint Robotics raises ₹100 crore (approximately $10.5 million) in a Pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating. Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating.
  • Kalyan Jewellers Q3FY26: Revenue Hits ₹10,343 Crore; PAT Rises to ₹416 Crore

    Kalyan Jewellers Q3FY26

    Thrissur: Kalyan Jewellers Q3FY26 performance reflected strong growth across domestic and international markets, with the company reporting consolidated revenue of ₹10,343 crore for the quarter ended December 31, 2025, compared to ₹7,278 crore in the corresponding period last year, representing a growth of 42%.

    Consolidated profit after tax (PAT) for the quarter stood at ₹416 crore, up from ₹219 crore in Q3 FY25, marking a growth of 90%.

    Kalyan Jewellers Q3FY26 Financial Performance

    For the nine months ended December 31, 2025, the company recorded consolidated revenue of ₹25,468 crore compared to ₹18,864 crore in the corresponding period of the previous year, reflecting a growth of 35%.

    Consolidated PAT for the nine-month period stood at ₹941 crore, compared to ₹527 crore in the previous year, representing a growth of 79%.

    Also Read: IGI Acquires AGL to Build a Unified Global Platform for Gemstone Certification

    Kalyan Jewellers Q3FY26: PAT from India and International Operations

    The standalone India operations reported revenue of ₹9,048 crore in Q3 FY26, compared to ₹6,386 crore in the same quarter of the previous financial year, reflecting growth of 42%.

    PAT from India operations stood at ₹401 crore for the quarter, compared to ₹218 crore in the corresponding period last year, a growth of 84%.

    International operations generated total revenue of ₹1,164 crore during Q3 FY26, compared to ₹842 crore in Q3 FY25, registering growth of over 38%.

    PAT from international operations stood at ₹12 crore for the quarter, compared to ₹8 crore in the same period last year, a growth of 64%.

    Candere, the company’s lifestyle jewellery brand, recorded revenue of ₹135 crore in Q3 FY26 compared to ₹55 crore in Q3 FY25, reflecting growth of 144%.

    The brand reported PAT of ₹3 crore during the Kalyan Jewellers Q3FY26 quarter, compared to a loss of ₹7 crore in Q3 FY25.

    Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India Limited said, “We are extremely excited with the way the current year has progressed so far.

    Kalyan Jewellers Q3FY26 quarter has started off very well despite the volatility in gold prices. We are upbeat about the ongoing wedding season and expect to end the financial year on a strong note.”

    Also Read: Building for Bharat’s Stores: How Zithara AI Is Rewriting the Offline Retail Playbook

    Headquartered in Thrissur, Kerala, Kalyan Jewellers is one of the largest jewellery retailers in India, with operations in the Middle East, the UK, and the USA.

    The company has maintained a presence in the Indian market for over three decades and offers traditional and contemporary jewellery designs in gold, diamonds, and precious stones.

    Kalyan Jewellers operates 469 showrooms across India, the USA, and the Middle East, with a retail area exceeding 11,34,000 sq. ft.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

    Back to top