on Tuesday reported a 63.6% year-on-year (YoY) increase in consolidated net profit at Rs 427 crore for the second quarter of FY27, compared with Rs 261 crore in the corresponding quarter of the previous financial year.




Consolidated revenue from operations rose 31.4% to Rs 10,323 crore in Q2 FY27, from Rs 7,856 crore a year earlier.




Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 29.7% YoY to Rs 644.7 crore, compared with Rs 497.2 crore in the year-ago quarter. However, EBITDA margin moderated marginally to 6.25% from 6.33% in the corresponding period last year.




On a standalone basis, the company's India operations reported revenue of Rs 9,007 crore and profit after tax (PAT) of Rs 424 crore in Q2 FY27, registering growth of 32% and 62%, respectively, over the corresponding quarter of the previous year.




For the first half of FY27, Kalyan Jewellers reported consolidated revenue of Rs 20,912 crore, up 38% from Rs 15,125 crore in the corresponding period of the previous financial year. Consolidated PAT for the six months ended September 2026 stood at Rs 776 crore, marking a 48% increase from Rs 525 crore reported in the year-ago period.



Festive season outlook




Commenting on the performance, Ramesh Kalyanaraman, Executive Director of Kalyan Jewellers India, said the ongoing festive quarter had started on a strong note, with encouraging growth on the ground, particularly during Navratri and Dhanteras.




"We are upbeat about the wedding season and look forward to ending the quarter on a strong note," he said.








Shares of Kalyan Jewellers closed Monday's trading session at Rs 611 on the NSE, gaining 3.21% from the previous close of Rs 592. During the session, the stock traded in the range of Rs 595 to Rs 614.45.




The stock has a 52-week range of Rs 327.05 to Rs 648.95 on the NSE. It has delivered returns of around 26% so far in the calendar year, according to NSE data.




Kalyan Jewellers has a market capitalisation of approximately Rs 63,101 crore on the NSE.



Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers