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Kalyan Jewellers reported a net profit of ₹348 crore for the June quarter, a 32% YoY increase. However, it declined sequentially from ₹409 crore. Revenue rose 46% YoY to ₹10,589 crore, but fell 3% QoQ, with lower contribution from studded jewellery.
Kalyan Jewellers Q1 Results: Net profit jumps 32% YoY to ₹349 crore; margins contract
Impact Score
Market Sentiment
↑BullishPrimary Sectors
Kalyan Jewellers reported a net profit of ₹348 crore for the June quarter, a 32% YoY increase. However, it declined sequentially from ₹409 crore. Revenue rose 46% YoY to ₹10,589 crore, but fell 3% QoQ, with lower contribution from studded jewellery.
Key Highlights
Kalyan Jewellers reported a net profit of ₹348 crore for the June quarter, a 32% YoY increase.
However, it declined sequentially from ₹409 crore.
Revenue rose 46% YoY to ₹10,589 crore, but fell 3% QoQ, with lower contribution from studded jewellery..
Source
Livemint
Published
2h ago
Impact Score
75 / 100
Category
Corporate Earnings
Positive near-term momentum expected in Corporate Earnings as market digests this development.
What this means
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