Kalyan Jewellers Q2 FY27: Key base, deadline 2026

Why the September 2026 quarter matters

Kalyan Jewellers India Ltd is approaching its next major earnings event for the September 2026 quarter (Q2 FY27), but the results date is still not confirmed. As of 10 September 2026, the company had not filed a board meeting intimation with the NSE or BSE for the September-quarter results, making any unofficial dates unverified. Indian listing rules require results for the September 2026 quarter to be published within 45 days of the quarter end, setting an outer deadline of 14 November 2026.

This quarter is important because it will be measured against a clear base from last year, and because the company has reported strong growth in recent quarters. Investors typically track revenue momentum, profitability trends, and operating margin stability in organised jewellery retail, where demand, store expansion, and marketing costs can quickly change quarterly outcomes.

The key reference points: Q2 FY26 base and the latest quarter

The September 2025 quarter (Q2 FY26) is the year-ago base mentioned in the data. For that quarter, Kalyan Jewellers reported revenue of ₹7,856.00 crore and a net profit of ₹261.00 crore.

The most recent quarter referenced in the provided text is Q1 FY27 (June 2026 quarter). Different parts of the provided information cite multiple “reported” revenue figures for that quarter:

• One section states revenue surged 38% to ₹10,008 crore in Q1 FY27, with PAT rising 32% to ₹349 crore.
• Another section states consolidated revenue jumped 46% to ₹10,588.9 crore (converted from ₹105,889 million) with consolidated PAT rising 32% to ₹348.7 crore (converted from ₹3,487 million).
• A “reported actuals” paragraph states revenue of ₹10,589.00 crore in Q1 FY27 and net profit of ₹349.00 crore.

All of the above revenue numbers are presented in the provided text as reported figures, and the narrative around Q2 FY27 is built on these recent, published outcomes rather than any estimate.

What the company reported for Q1 FY27: growth and margin pressure

For Q1 FY27, the text highlights both growth and costs. Consolidated PAT is described as rising 32% to ₹348.7 crore (₹3,487 million), while standalone PAT grew 25% to ₹321.3 crore (₹3,213 million). Revenue is also described as growing strongly, including a figure of ₹10,588.9 crore (₹105,889 million).

But the same section notes that EBITDA margins contracted slightly to 5.97%, attributed to proportional increases in operating and advertising expenses. That detail matters because jewellery retail expansion often brings near-term cost increases in marketing and staff as stores ramp up.

Business mix signals: Candere, international contribution, and store count

The Q1 FY27 commentary also points to where growth came from. The text says revenue growth was fueled by robust performance in India and a 112% surge in its digital platform Candere.

International operations are described as growing 35%, contributing 14% to total revenue. The text also states total showroom count reached 524. These operational indicators provide context for the upcoming quarter because both geographic mix and online contribution can influence margins, marketing spend, and working capital needs.

A look back at recent quarterly operating performance (consolidated)

The quarterly profit and loss snapshot provided for Kalyan Jewellers (figures in ₹ crore) shows how operating profit and margins have moved over time. While the full table is not complete in the provided text, several key line items are clearly listed across quarters from December 2023 through March 2026.

Consolidated quarterly snapshot (selected line items)

This series shows operating margin moving between about 5.4% and 7.16% in the listed quarters, with operating profit rising sharply in the later quarters when total income also increased.

FY26 highlights referenced in the text: Q4 and full-year

Beyond the quarterly line items, the data includes a concall summary for Q4 FY26 and FY26 full-year performance:

• Q4 FY26 consolidated revenue: ₹10,275 crore (+66%)
• Q4 FY26 PAT: ₹410 crore (+118%)
• FY26 consolidated revenue: ₹35,743 crore (+43%)
• FY26 PAT: ₹1,350 crore (+86%)
• FY27 store plan mentioned: 150 showrooms planned for FY27

These figures give a broader view of scale and momentum heading into FY27. They also help frame why the market will watch whether growth remains high while margins stay stable.

Dividend updates mentioned for March 2026 period

The provided text includes dividend information tied to the March 2026 period. It states that in the quarter ending March 2026, Kalyan Jewellers declared a dividend of ₹2.50 per share on 08 May 2026, translating to a dividend yield of 0.47%. Elsewhere, it also states the company declared a dividend of ₹2.50 on 11 Sep, 2026.

Since both dates are present in the data, readers should treat them as separate dividend references as stated, unless clarified by the company’s formal filings.

What is known about the Q2 FY27 results schedule

The September 2026 quarter covers 1 July 2026 to 30 September 2026. The text is explicit that the Q2 FY27 results date is not confirmed and that the company had not filed a board meeting intimation with the exchanges as of 10 September 2026.

It also notes that there is no verified analyst estimate publicly available for the quarter. As a result, the preview framework described relies on reported actuals only and avoids assuming any revenue or profit number for the coming quarter.

Market context and price points cited

Two specific price references appear in the provided information:

• “Quarterly Results, 06 Oct 2026 - NSE 550.55”
• “Kalyan Jewellers India share price ₹614.10 on 10 September 2026, up 1.07%”

These points show that the stock was being tracked actively around earnings-related updates and the yet-to-be-confirmed Q2 FY27 schedule.

Key numbers to watch, based on stated facts

With no estimate provided, the text centres expectations on comparisons and operational metrics rather than forecasts. It highlights three reference checks:

1. Revenue comparison: the base of ₹7,856 crore in September 2025 (Q2 FY26) versus the latest quarter’s reported revenue levels in Q1 FY27 (figures cited include ₹10,008 crore and ₹10,589 crore).
2. Net profit comparison: a base profit of ₹261 crore in Q2 FY26 versus ₹349 crore reported for Q1 FY27.
3. Operating margin: the text notes operating margin was 6% in September 2025 and 6% in Q1 FY27.

The upcoming release is also positioned as the next scheduled earnings event, with the outer deadline for publication clearly stated as 14 November 2026.

Conclusion

Kalyan Jewellers’ next earnings milestone is the Q2 FY27 (September 2026 quarter) results, covering 1 July to 30 September 2026, with the announcement date still unconfirmed in the provided information. The year-ago base is clearly stated at ₹7,856 crore revenue and ₹261 crore profit for September 2025, while recent quarters show materially higher revenue and profit numbers, alongside a noted EBITDA margin of 5.97% in Q1 FY27. The key near-term marker is procedural: results must be published within the regulatory timeline, with 14 November 2026 cited as the outer deadline.