EL7.AI
StocksMedium•11 November 2026•
3 min read

Kalyan Jewellers’ first-half profit rises 48% to 776 crore rupees

Key Facts

1First-half consolidated net profit rose 48% to 776 crore rupees, from 525 crore a year earlier.
2First-half consolidated revenue grew 38% to 20,912 crore rupees, from 15,125 crore in the corresponding period.
3Second-quarter consolidated net profit increased 64% to 427 crore rupees, while revenue rose 31% to 10,323 crore.
4Standalone revenue from Indian operations was 9,007 crore rupees in the second quarter, and net profit was 424 crore.
5The stock closed at 611 rupees on November 10, then a market source showed a price of 675 rupees during the November 11 session.

Kalyan Jewellers raised its consolidated net profit 48% in the first half of fiscal 2027 to 776 crore rupees, compared with 525 crore in the corresponding period a year earlier, Financial Express reported. Consolidated revenue for the six months rose to 20,912 crore rupees, up 38% from 15,125 crore in the first half of fiscal 2026. The half-year results followed a second quarter in which profit grew faster than revenue. Consolidated net profit in the second quarter was 427 crore rupees, up 64% year on year. Quarterly consolidated revenue rose 31% to 10,323 crore rupees, according to the report.

A comparison of the two periods shows revenue growth accelerated in the first half relative to the second-quarter rate, while quarterly profit rose more than revenue. Consolidated net profit in the second quarter jumped 64% to 427 crore rupees, while revenue increased 31% to 10,323 crore. Across the first half, profit rose 48% to 776 crore and revenue 38% to 20,912 crore. The corresponding-period figures provide the basis for comparison: profit of 525 crore and revenue of 15,125 crore in the previous fiscal year's first half. The results put second-quarter performance in the context of the first-half total, while standalone India figures remain a separate part of the operating picture.

In India, standalone revenue from operations was 9,007 crore rupees in the second quarter, up 32% from the same period a year earlier. Standalone net profit rose 62% to 424 crore rupees. These figures differ from the consolidated results, which include the group: quarterly consolidated revenue was 10,323 crore rupees and net profit was 427 crore. The standalone measure shows the performance of Indian operations specifically, while the consolidated figures reflect the group's overall result. Financial Express reported the data as part of its coverage of the company's quarterly results.

Chief Executive Ramesh Kalyanaraman linked his comments on the coming period to the start of the festive season, saying sales during Navratri and Dhanteras had recorded encouraging growth. He added: "We are optimistic about the wedding season and look forward to ending the quarter on a strong note." The statement puts the wedding season among the factors management is watching for the rest of the quarter. It also indicates the company expects the momentum seen during festive occasions to continue, without specifying a sales or profit target. Financial Express published the comments in its coverage of the second-quarter results.

In trading, the stock closed at 611 rupees on the NSE on November 10, up 3.21% from the previous session's close of 592 rupees. On November 11, Upstox showed a price of 675 rupees at 10:40 India time, within a daily range of 620 to 689 rupees. This was an intraday reading, not a final closing price. The November 10 close and the price shown the following day place the stock's movement in a clear timeline, while reflecting the different nature of the figures: a completed close and an intraday update. The source did not report a final closing price for the November 11 session.