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Jewelery retail chain Kalyan Jewelers posted a consolidated profit after tax of Rs 134.87 crore in the September quarter of the current fiscal. Kalyan Jewellers’ profit increased by 27.33% compared to the September quarter of last year. In the September quarter of last financial year, Kalyan Jewelers’ PAT (Profit After Tax) was Rs. 105.92 crores. Shares of Kalyan Jewelers closed at Rs 337 on Monday. Shares of Kalyan Jewelers hit a 52-week high of Rs. is 359.15. At the same time, the company’s shares hit a 52-week low of Rs. is 90.
The revenue of the company was Rs 4414 crore
Kalyan Jewelers’ revenue rose 27.11 percent to Rs 4414.53 crore in the July-September quarter of the current financial year. Kalyan Jewelers’ revenue in the September quarter of last year was Rs 3472.91 crore. During the September 2023 quarter, the company’s Middle East business revenue was Rs. 629 crore, which in the corresponding period of the previous year was Rs. 601 crores. Middle East operations’ PAT for the September quarter stood at Rs. 12 crores.
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The revenue of e-commerce department is Rs. 31 crores.
Kalyan Jewellers’ e-commerce arm Kander’s revenue fell 16.21% in the September quarter of the current fiscal to Rs. 31 crore has been done. In the September quarter of last year, the revenue of the e-commerce division was Rs. 37 crores. Ramesh Kalyanaraman, executive director of Kalyan Jewelers India says, ‘This year has been great so far. The revenue growth in the first half of the current financial year has been 29%. We are very excited about the way the festive season has progressed.
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