Kalyan Jewellers shares rally over 3% as Q4 profit rises 36% to ₹188 crore; EBITDA jumps 34.7%

The company's PAT (profit after tax) or net profit stood at ₹137.49 crore during the corresponding quarter of the preceding fiscal.

Revenue from operations of the company witnessed a growth of 36.60% during the quarter at ₹6,181.53 crore compared to ₹4,525.01 crore seen in the same period a year ago.

EBITDA, or earnings before interest, taxes, depreciation, and amortisation, came in at ₹399.4 crore, up 34.7% against ₹296.3 crore logged in the year-ago period.

EBITDA margin remained unchanged at 6.5%.

The company recorded the annual consolidated PAT for FY25 at ₹714 crore as against ₹596 crore recorded in the preceding financial year.

Consolidated revenue witnessed a 35% growth at ₹25,045 crore in FY25, against ₹18,516 crore a year ago.

“We had an excellent start to the current financial year despite continuing volatility in gold prices, carrying forward the momentum in business from the previous financial year. We witnessed robust growth in our Akshaya Tritiya sales this year, and we continue to see encouraging momentum in consumer demand, especially around the wedding purchases during the current quarter," Kalyan Jewellers Executive Director Ramesh Kalyanaraman said.

The company added that its standalone revenue (India) and PAT for Q4 FY25 were ₹5,350 crore and ₹185 crore, respectively, a growth of 38% and 41%, respectively.

Middle East revenue and PAT for Q4 FY25 were ₹784 crore and ₹12 crore, respectively, a growth of 26% and 22%, respectively. "Our lifestyle jewellery platform Candere recorded a revenue of ₹28 crore and a net loss of 12 crore for Q4 FY25," the company said.

At the time of writing this report, the stock was trading at ₹523.80 on the BSE, up 2.44%.