Kalyan Jewellers Q3 revenue jumps  42 pc on festive demand

Key Highlights

• “Demand during the period after Diwali also continued to remain robust despite volatility in gold prices,” it said.
• Revenue from global operations grew 36 per cent during the quarter from the year-ago period.
• The Middle East operations posted 28 per cent  growth, contributing 11 per cent to consolidated revenue.
• Candere, the company’s digital-first jewellery platform, recorded revenue growth of about 147 per cent during the quarter compared with the same period last year.
• The company opened 21 Kalyan showrooms in India, one in the United Kingdom and 14 Candere showrooms in India during the quarter.