Kalyan Jewellers India Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, approved at a Board of Directors meeting held on May 08, 2026. The company reported robust growth across key metrics, with consolidated revenue rising 43% to Rs 35,743 crore in FY26 from Rs 25,045 crore in the previous year. Profit after tax (PAT) grew by 86% to Rs 1,350 crore compared to Rs 714 crore in FY25. The statutory auditors, M/s. Walker Chandiok & Co LLP, Chartered Accountants, issued an unmodified audit opinion on both the standalone and consolidated financial results.

Q4 Performance Highlights

For the quarter ended March 31, 2026 (Q4 FY26), Kalyan Jewellers delivered strong operational and financial performance. Q4 consolidated revenue stood at Rs 10,275 crore, compared to Rs 6,181 crore in the same quarter of the previous year, reflecting a growth of 66%. Consolidated net profit for Q4 came in at Rs 410 crore against Rs 188 crore in the year-ago period, a growth of 118%. The following table summarises key Q4 metrics:

Operational Performance

On a standalone basis, the company reported revenue of Rs 8,994 crore and PAT of Rs 366 crore for Q4, growing 68% and 97% respectively. International operations contributed significantly, with Q4 revenue reaching Rs 1,157 crore, a growth of 43% from Rs 807 crore in Q4 FY25. The international business recorded a PAT of Rs 29 crore for the quarter, up 105% from Rs 14 crore in the prior year. The lifestyle jewellery platform Candere recorded a revenue of Rs 131 crore and a profit of Rs 3 crore for Q4 FY26.

Full-Year Financial Highlights

The table below presents the consolidated annual financial performance for FY26:

Exceptional Item

During the year, the Government of India consolidated multiple existing labour legislations into a unified framework comprising four Labour Codes, collectively referred to as the 'New Labour Codes', effective November 21, 2025. Under Ind AS 19, this legislative amendment constitutes a plan amendment, requiring immediate recognition of past service cost in the statement of profit and loss. As a result, the company recognised a one-time increase in provision for employee benefits amounting to Rs 415.02 million, reported as an exceptional item in the financial results. The government is in the process of notifying related rules to the New Labour Codes, and the impact will be evaluated and accounted for in accordance with applicable accounting standards in the period in which they are notified.

Dividend Recommendation

The Board of Directors has recommended a final dividend of Rs 2.50 (25%) per equity share of Rs 10 each for the financial year ended March 31, 2026, subject to the approval of members at the ensuing Annual General Meeting.

Management Commentary

Mr. Ramesh Kalyanaraman, Executive Director, stated, "We ended the previous financial year on a very strong note and have carried the momentum into the ongoing financial year. We witnessed strong growth in our Akshaya Tritiya sale this year and we continue to see encouraging momentum in consumer demand, especially around the wedding purchases during the current quarter."

About Kalyan Jewellers

Headquartered in Thrissur in the state of Kerala, Kalyan Jewellers is one of the largest jewellery retailers in India with a presence in the Middle East, UK and the US. The company has enjoyed a longstanding presence in the Indian market for over three decades and has set industry benchmarks in quality, transparency, pricing and innovation. Kalyan Jewellers has 507 showrooms across India, UK, USA and the Middle East, with a retail area exceeding 12,00,000 sq. ft.

Kalyan Jewellers India Limited has announced that its board of directors will convene on May 8, 2026 to consider the company's audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The scheduled board meeting represents a key milestone in the company's quarterly reporting cycle and includes consideration of final dividend recommendation.

Board Meeting Agenda

The jewelry retailer has set a comprehensive agenda for the May 8, 2026 board meeting, which will focus on two primary objectives:

Regulatory Compliance

The announcement, made under Regulation 29 of SEBI Listing Obligations and Disclosure Requirements Regulations 2015, demonstrates Kalyan Jewellers' commitment to maintaining transparency and adhering to regulatory requirements for timely financial disclosure. The company has formally notified both NSE and BSE about the scheduled board meeting.

Trading Window Restrictions

As part of regulatory compliance measures, the company has implemented trading window restrictions for designated persons. The trading window, which closed on April 1, 2026, will remain closed until 48 hours after the declaration of the financial results. This measure ensures compliance with insider trading regulations during the sensitive period of financial result preparation and announcement.

Market Expectations

Investors and market analysts will be closely monitoring the outcome of this board meeting, as Q4 results typically provide insights into the company's annual performance and future business trajectory. The inclusion of final dividend consideration adds another dimension of interest for shareholders, as it indicates the company's approach to profit distribution for the fiscal year 2025-26.