Kalyan Jewellers FZE, a material subsidiary of Kalyan Jewellers India has acquired the remaining 30% stake in Kalyan Jewellers LLC, Oman on 16 November 2023. Pursuant to the said acquisition Kalyan Jewellers, LLC, Oman has become a wholly owned subsidiary of Kalyan Jewellers FZE.Powered by Capital Market - Live News

Net profit of Kalyan Jewellers India rose 27.14% to Rs 135.25 crore in the quarter ended September 2023 as against Rs 106.38 crore during the previous quarter ended September 2022. Sales rose 27.11% to Rs 4414.54 crore in the quarter ended September 2023 as against Rs 3472.91 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales4414.543472.91 27 OPM %7.117.66 - PBDT245.08200.74 22 PBT178.14140.42 27 NP135.25106.38 27 Powered by Capital Market - Live News

Kalyan Jewellers India will hold a meeting of the Board of Directors of the Company on 14 November 2023.Powered by Capital Market - Live News

Net profit of Kalyan Jewellers India rose 33.31% to Rs 143.89 crore in the quarter ended June 2023 as against Rs 107.94 crore during the previous quarter ended June 2022. Sales rose 31.30% to Rs 4375.74 crore in the quarter ended June 2023 as against Rs 3332.64 crore during the previous quarter ended June 2022. ParticularsQuarter Ended�Jun. 2023Jun. 2022% Var. Sales4375.743332.64 31 OPM %7.387.93 - PBDT252.53200.81 26 PBT188.46141.83 33 NP143.89107.94 33 Powered by Capital Market - Live News

Kalyan Jewellers India has announced its expansion plan for August across India with 11 new showrooms. With this expansion, the jewellery brand will mark the milestone of its 200th showroom launch globally in Jammu. Today, Kalyan Jewellers is present across 22 states and union territories in India as well as 4 countries in the Middle East. Currently, the company has 76 showrooms in South India, 48 showrooms in North and Central India, 23 in West India, 16 outlets in East India, and 33 in the Middle East. The company is all set to expand its operations across key non-South markets, symbolizing its commitment to broadening the footprint and plans to further solidify its presence at a Pan-India level. The upcoming showroom launches scheduled for August include Patna, Nawada, Sitamarhi, and Arrah in Bihar, Faridabad and Panipat in Haryana, Anand in Gujarat, Dehradun in Uttarakhand, Jabalpur in Madhya Pradesh, and Chembur in Mumbai. Apart from these, Kalyan Jewellers will be making a foray in Jammu, with a showroom at Channi, which will be the brand`s 200th showroom globally. The jewellery brand aims to explore the untapped potential of Tier-2 and Tier-3 markets, with its unique brand proposition of a service-backed shopping experience and distinctive design philosophy. Powered by Capital Market - Live News