Shares of Kalyan Jewellers India Ltd surged sharply in early trade on Wednesday after the company reported a strong business performance for the third quarter of FY26, because of high consumer demand despite volatility in gold prices.

Kalyan Jewellers share price today
The stock opened at Rs. 505 and quickly climbed to an intraday high of Rs. 535.50, with a gain of nearly 7%. The rally in kalyan jewellers shares is because of the company's Q3 business update, which shows broad-based revenue growth across India and international markets.
Q3 FY26 business update
In an exchange filing, Kalyan Jewellers said the recently concluded quarter was "very encouraging", with consolidated revenue rising approximately 42% year-on-year compared with Q3 FY25.
The company said its India operations recorded revenue growth of about 42%, driven by strong festive demand during Diwali. Importantly, demand remained strong even after the festive season, despite sharp swings in gold prices.
Growth during the quarter was broad-based across plain gold and studded jewellery, while same-store sales growth stood at around 27%, indicating healthy underlying demand.
International operations and Candere outperform
Kalyan Jewellers' international business posted revenue growth of around 36% year-on-year in Q3 FY26. Within the Middle East, revenue grew nearly 28%, largely on the back of strong same-store sales growth. International markets contributed about 11% to the company's consolidated revenue during the quarter.
The company's digital-first jewellery platform Candere was a standout performer, reporting a sharp 147% rise in revenue compared with the same period last year.
Q2 FY26 numbers
In the preceding quarter ended September 30, 2025, Kalyan Jewellers reported consolidated revenue of Rs. 7,856 crore, up 30% year-on-year and 8% quarter-on-quarter. Profit after tax stood at Rs. 261 crore, while expenses rose due to expansion and operating costs. Net profit was marginally lower sequentially but nearly doubled on a year-on-year basis.
Kalyan Jewellers.Q3 Result Date Announced
The board members of the company announced on 6th January that the company will release the third quarter financial results next month in February.
The exchange filing noted, "Company is scheduled to be held on Friday, 06th February 2026, inter-alia to consider and approve the Un-Audited Standalone and Consolidated Financial Results of the Company for the quarter ended 31st December, 2025."
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