Khazanchi Jewellers , a prominent player in the Indian jewellery market, has reported exceptional financial results for the first half of fiscal year 2026. The Chennai-based company's performance showcases robust growth across key financial metrics, driven by strong festive season demand and successful expansion strategies.

Financial Highlights

Khazanchi Jewellers has demonstrated impressive growth in the first half of FY26, with total income rising by 25.94% to ₹952.76 crores, compared to ₹756.53 crores in the same period last year. The company's profitability saw a substantial boost, with Profit After Tax (PAT) surging by 93.66% to ₹38.70 crores.

Key Growth Drivers

The company attributes its strong performance to several factors:

1. Festive Season Demand: The jewellery sector traditionally sees a significant sales surge during festivals, and Khazanchi Jewellers has capitalized on this trend with its festive collections.

2. Pre-Diwali Sales Boost: The company experienced a notable increase in sales leading up to Diwali, a key period for jewellery purchases in India.

3. Successful Expansion: Khazanchi Jewellers has reported growth across both its retail and wholesale segments, indicating successful market penetration and expansion strategies.

4. Product Innovation: The company's in-house designers have been consistently innovating and upgrading designs to meet evolving customer tastes while maintaining affordability despite rising precious metal prices.

Strategic Initiatives

Khazanchi Jewellers has outlined several strategic initiatives:

1. Brand Expansion: The company's brand 'Vajraa Diamonds by Khazanchi' is expected to strengthen its market position in high-value categories.

2. Retail Expansion: Plans are underway to open a new 10,000 sq-ft showroom in Sowcarpet, Chennai, in 2025, which aims to enhance the company's retail presence.

3. Diverse Product Offering: Khazanchi Jewellers offers a wide range of products, including gold, diamond, and precious stone jewelry, as well as bullion items, catering to both wholesale and retail markets.

Market Outlook

The Indian jewellery market continues to show strong growth potential. According to industry reports, India's Gems & Jewellery market size stood at ₹7,31,255 crore (US$ 85 billion) in January 2025 and is projected to expand to ₹11,18,390 crore (US$ 130 billion) by 2030. With its strategic positioning and strong performance, Khazanchi Jewellers appears well-placed to capitalize on this market growth.

As the company continues to focus on design innovation, customer-centric approaches, and strategic expansion, it remains confident in maintaining profitable growth and creating long-term value for all stakeholders in the dynamic Indian jewellery market.

Khazanchi Jewellers , a prominent player in the Indian jewellery sector, has announced strong financial results for the second quarter of fiscal year 2026. The company, known for its expertise in gold, diamonds, precious stones, and bullion items, has demonstrated significant growth across key financial metrics.

Financial Highlights

The company's performance for Q2 FY26 showcases substantial year-on-year improvements:

Key Performance Drivers

Khazanchi Jewellers attributes its robust performance to several factors:

1. Festive Season Demand: The company experienced a surge in sales due to the festive season, particularly with pre-Diwali purchases.
2. Design Innovations: Successful design innovations across both retail and wholesale segments contributed to increased customer interest and sales.
3. Operational Efficiency: The significant improvement in EBITDA and PAT margins suggests enhanced operational efficiency and cost management.

Half-Yearly Performance

The company's performance for the first half of FY26 also shows robust growth:

Company Background

Khazanchi Jewellers, with over five decades of experience, holds a significant position in the Indian jewellery sector. Based in Tamil Nadu, the company serves as a pivotal player in both wholesale and retail markets. Its product range includes gold, diamonds, precious stones, fancy jewellery, and bullion items like coins and bars.

Investor Communication

Khazanchi Jewellers has scheduled an earnings call for Wednesday, November 19, 2025, at 04:30 PM (IST) to discuss the financial results for the half year ended September 30, 2025. This indicates the company's commitment to transparent communication with its investors and stakeholders.

As the jewellery sector continues to evolve, Khazanchi Jewellers' strong financial performance positions it as a notable player in the market.