Kalyan Jewellers stock falls 13% from day’s open, Q1 profit up 49%

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Shares of Kalyan Jewellers fell nearly 13 per cent, nearing its lower circuit, after a positive opening in today’s trading session.

The jewellery retailer, on Thursday, reported a 49 per cent growth in consolidated profit after tax (PAT) to ₹264.08 crore for the quarter ended June 2025, compared to ₹177.56 crore in the corresponding period of the previous fiscal year.

The revenue from operations grew 31 per cent during the quarter under review to ₹7,268.47 crore compared to ₹5,527.81 crore a year ago.

Commenting on the results, Kalyan Jewellers India Executive Director Ramesh Kalyanaraman, said, “We have started off the ongoing quarter well despite continuing volatility in gold prices and a higher base. We are upbeat about the upcoming festive season across the country and are gearing up for the launch of fresh collections and campaigns.”

At 10.13 am, the stock traded 7.89 per cent lower at ₹544.30 on the NSE, hitting an early low of ₹535 from the day’s opening at ₹615 against the previous close of ₹590.95.

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Published on August 8, 2025

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