Why Kalyan Jewellers Stock Jumped Nearly 12% Today: Q3 Profit Soars 90%, Revenue Hits Rs 10,343 Crore – Analyst Targets Inside
Why Kalyan Jewellers Stock Jumped Nearly 12% Today: Q3 Profit Soars 90%, Revenue Hits Rs 10,343 Crore – Analyst Targets Inside
Kalyan Jewellers India Ltd has captured investor attention with a stellar performance in its Q3 FY26 results. The jewellery retail giant reported a massive surge in both revenue and profit, driven by strong festive and wedding demand, robust same-store sales growth (SSSG), and successful store expansion. This led to a sharp rally in its share price, jumping nearly 12% in trading sessions following the announcement, highlighting renewed confidence in the company's growth trajectory. Strong Q3 FY26 Financial Performance The company delivered impressive numbers for the October-December quarter (Q3 FY26): Revenue from operations climbed 42% year-on-year (YoY) to Rs 10,343.4 crore , up from Rs 7,278.1 crore in Q3 FY25. This growth was fueled by healthy demand across India and international markets, with India operations contributing significantly. Net profit soared over 90% YoY to Rs 416.3 crore , compared to Rs 218.8 crore in the previous corresponding period. This beat anal...
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