PRE-MARKET
Kalyan Jewellers shares fell 5% to ₹562.70 due to disappointing June quarter earnings. Year-on-year net profit rose 32%, but profit declined sequentially. Revenue increased 46% YoY, although gross and EBITDA margins were impacted by changing sales dynamics.
Kalyan Jewellers shares extend slide, tumble 5% after Q1 results; down 11% in four days
Impact Score
Market Sentiment
↑BullishPrimary Sectors
Kalyan Jewellers shares fell 5% to ₹562.70 due to disappointing June quarter earnings. Year-on-year net profit rose 32%, but profit declined sequentially. Revenue increased 46% YoY, although gross and EBITDA margins were impacted by changing sales dynamics.
Key Highlights
Kalyan Jewellers shares fell 5% to ₹562.70 due to disappointing June quarter earnings.
Year-on-year net profit rose 32%, but profit declined sequentially.
Revenue increased 46% YoY, although gross and EBITDA margins were impacted by changing sales dynamics..
Source
Livemint
Published
9h ago
Impact Score
75 / 100
Category
Corporate Earnings
Positive near-term momentum expected in Corporate Earnings as market digests this development.
What this means
No linked events found.