Kalyan Jewellers India Limited is one of the largest jewellery companies in India, offering a wide array of gold, studded and other jewellery products for various occasions and daily wear. Their recent performance has shown strong financial growth, with consolidated revenue growing by 30% and profit after tax doubling, despite rising gold prices.

The company has seen an exceptional performance during the festive season, with a 30% plus same-store sales growth for the period surrounding Diwali, driven by strong customer engagement and new buyer interest.

Kalyan Jewellers has focused on significant debt reduction, lowering it by INR130 crores recently, which aligns with its annual debt reduction target. This financial prudence has allowed for better capital allocation towards expansion and operational efficiency.

The company's expansion strategy is aggressive, with 40 new Kalyan showrooms already opened pre-Diwali alongside 30 Candere stores, reflecting a robust plan to enhance consumer reach. They intend to open a total of 84 Kalyan stores in India within the year.

Kalyan Jewellers is progressively innovating with regional brand launches aimed at tapping local market preferences, reflecting an adaptation to consumer needs and future-proofing against market volatility.