Kalyan Jewellers Q3 results 2026 highlights: Net profit soars 90% to ₹417 crore, revenue jumps 42%

Kalyan Jewellers Q3 results 2026 LIVE: Takeaways from Q3

• Kalyan Jewellers’ Q3 net profit jumped 90% YoY to ₹416.3 crore, despite a one-time charge.
• Revenue from operations rose 42% YoY to ₹10,343.4 crore, led by strong demand.
• EBITDA surged 75% YoY to ₹750.5 crore, reflecting improved operating leverage.
• EBITDA margin expanded to 7.3% from 5.9%, aided by better gross margins.
• Inventory gains supported profitability even as the company absorbed labour code-related costs.

Kalyan Jewellers Q3 results 2026 LIVE: Operating expenses rose 32% YoY to ₹607.3 crore, driven largely by increased advertising and promotion outlays along with higher other operating costs. During the quarter, the company also booked a one-time exceptional charge linked to revisions in employee benefit provisions following the introduction of the new labour codes.

Kalyan Jewellers Q3 results 2026 LIVE: The company recorded a one-time exceptional charge of ₹41.5 crore during the quarter, arising from revisions to employee benefit provisions following the implementation of the new labour codes. In line with Ind AS 19, amendments to employee benefit plans triggered by legislative changes require immediate recognition of past service costs in the profit and loss account. Accordingly, the impact was recognised upfront and disclosed as an exceptional item for the quarter.

Kalyan Jewellers Q3 results 2026 LIVE: Kalyan Jewellers reported a strong performance for the third quarter, with net profit rising 90% YoY to ₹416.2 crore, compared with ₹218.8 crore in the year-ago period. Revenue for the quarter climbed 42% YoY to ₹10,343 crore, up from ₹7,278 crore last year.

Operating performance also improved sharply, with EBITDA increasing 74.3% YoY to ₹750 crore, against ₹430.3 crore in Q3 of the previous year. EBITDA margin expanded to 7.3%, compared with 5.9% a year earlier, reflecting stronger operating leverage.

Kalyan Jewellers Q3 results 2026 LIVE: The jewellery stock settled 0.96% higher at ₹379.80 on Friday, February 6. In early deals, it fell 3% to day's low of ₹364.60, however, the scrip later pared gains to rise almost 4.7% to its day's high of ₹381.85 from its intra-day low.

Kalyan Jewellers Q3 results 2026 LIVE: Kalyan Jewellers’ overseas business delivered a stable contribution during Q3 FY26, adding to consolidated performance. The company said its international operations recorded around 36% YoY revenue growth, supported by improving store-level metrics.

Within the Middle East, revenue increased by nearly 28%, largely driven by stronger same-store sales. International markets accounted for about 11% of consolidated revenue in rupee terms during the quarter, underscoring their growing relevance. The performance highlighted better operating leverage across global stores, even as macro conditions remained volatile.

Kalyan Jewellers Q3 results 2026 LIVE: SAMCO on Q3 Update - Kalyan Jewellers’ Q3 FY26 performance reflects strong execution, and brand strength. With resilient festive demand, accelerating digital growth through Candere, and a steadily expanding store network, the company remains well-positioned to capitalise on both near-term consumption trends and long-term structural growth in organised jewellery retail.

As consumers increasingly gravitate toward trusted brands and omnichannel experiences, Kalyan Jewellers’ balanced physical and digital strategy provides a solid foundation for sustainable growth.

Kalyan Jewellers Q3 results 2026 LIVE: The jewellery stock fell 3% in early deals to day's low of ₹364.60. It later pared gains to rise almost 4% to its day's high of ₹378.10 from its intra-day low.

Kalyan Jewellers Q3 results 2026 LIVE: Kalyan Jewellers reported a sharp improvement in profitability for the quarter ended September 2025. The Thrissur-based jewellery retailer posted a 99.5% YoY jump in net profit to ₹260 crore, compared with ₹130 crore in the corresponding quarter last year.

Revenue from operations also saw strong growth, rising 37.4% YoY to ₹7,856 crore, up from ₹6,057 crore in the year-ago period, reflecting healthy demand across markets despite volatility in gold prices.

Kalyan Jewellers Q3 results 2026 LIVE: On the expansion front, MOSL expected 47 net store additions during Q3 FY26, including stores under Candere and in the Middle East. This would take Kalyan Jewellers’ total store count to 483 outlets by the end of the quarter, reinforcing its growth-through-expansion strategy alongside strong organic demand.

Kalyan Jewellers Q3 results 2026 LIVE: MOSL projected the India business to deliver revenue of ₹9,787.4 crore, up from ₹7,286.9 crore last year, translating into around 34% growth. The brokerage modelled same-store sales growth of 25%, driven largely by higher gold prices during the quarter.

Kalyan Jewellers Q3 results 2026 LIVE:MOSL projected the India business to deliver revenue of ₹9,787.4 crore, up from ₹7,286.9 crore last year, translating into around 34% growth. The brokerage modelled same-store sales growth of 25%, driven largely by higher gold prices during the quarter.

Kalyan Jewellers Q3 results 2026 LIVE:Motilal Oswal Securities (MOSL) estimated Kalyan Jewellers’ consolidated performance to strengthen meaningfully in Q3 FY26, modelling net profit at ₹367.4 crore, compared with ₹218.7 crore in the year-ago period. Based on these estimates, this implies a year-on-year increase of about 68%.

Kalyan Jewellers highlighted the strength of underlying demand during Q3 FY26, pointing to same-store sales growth of about 27% for the quarter. The company said customer interest remained firm even after the Diwali season, despite sharp fluctuations in gold prices.

Growth was spread across both plain gold and studded jewellery, indicating balanced category demand rather than festival-led spikes alone. The strong same-store performance suggested that existing stores continued to generate higher throughput, reinforcing the stability of demand during the December quarter.

Kalyan Jewellers described the December quarter as “very encouraging” after delivering a strong operational performance across markets. In a regulatory filing, the jewellery retailer reported consolidated revenue growth of around 42% YoY, supported by steady customer traction despite volatility in gold prices. The company said business momentum remained healthy across regions, translating into solid growth.

"The recently concluded quarter was very encouraging, with consolidated revenue growing approximately 42% year-on-year compared to Q3 FY25,” it said.

Kalyan Jewellers is scheduled to post its financial results for the quarter ended December 2025 (Q3 FY26) on February 6.

“Company is scheduled to be held on Friday, 06th February 2026, inter-alia to consider and approve the Un-Audited Standalone and Consolidated Financial Results of the Company for the quarter ended 31st December, 2025,” it said in an exchange filing.