Kalyan Jewellers India Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Kalyan Jewellers India Ltd reported a 20.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 39.6%.
- Its expenses for the quarter were up by 18.8% QoQ and 40.4% YoY.
- The net profit increased 67.8% QoQ and increased 21.2% YoY.
- The earnings per share (EPS) of Kalyan Jewellers India Ltd stood at 2.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 7318.20 | 6091.48 | 5243.21 | 20.1% | 39.6% |
Total Expenses | 7024.64 | 5913.53 | 5004.65 | 18.8% | 40.4% |
Profit Before Tax | 293.56 | 177.95 | 238.55 | 65.0% | 23.1% |
Tax | 74.88 | 47.62 | 58.18 | 57.2% | 28.7% |
Profit After Tax | 218.68 | 130.33 | 180.37 | 67.8% | 21.2% |
Earnings Per Share | 2.10 | 1.30 | 1.80 | 61.5% | 16.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Kalyan Jewellers India Ltd is a renowned name in the jewelry industry, primarily engaged in the design, manufacturing, and retailing of jewelry. The company operates a wide network of showrooms across India and also has a presence in the Middle East. Kalyan Jewellers offers a diverse range of products, including gold, diamond, and other precious stone jewelry, catering to a broad customer base. There are no specific recent major developments mentioned regarding Kalyan Jewellers in the provided data. Therefore, additional context on recent strategic or operational changes is not available in this analysis.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Kalyan Jewellers India Ltd reported a total income of ₹7318.20 crores, reflecting a significant increase from the previous quarter (Q2FY25) and the same quarter in the previous year (Q3FY24). The total income rose by 20.1% quarter-over-quarter (QoQ) from ₹6091.48 crores in Q2FY25, and by 39.6% year-over-year (YoY) from ₹5243.21 crores in Q3FY24. This growth can be attributed to various factors, including potential increases in sales volume, pricing strategies, or expansion in market reach, although specific drivers are not detailed in the provided data.
Profitability
For Q3FY25, Kalyan Jewellers India Ltd recorded a profit before tax of ₹293.56 crores, which represents a substantial increase of 65.0% QoQ from ₹177.95 crores in Q2FY25, and an increase of 23.1% YoY from ₹238.55 crores in Q3FY24. After accounting for tax, the profit after tax stood at ₹218.68 crores, marking a 67.8% increase QoQ from ₹130.33 crores and a 21.2% increase YoY from ₹180.37 crores. The earnings per share (EPS) for Q3FY25 was ₹2.10, up from ₹1.30 in Q2FY25, reflecting a QoQ growth of 61.5% and a YoY growth of 16.7% from ₹1.80 in Q3FY24. These figures suggest that despite rising expenses, the company has managed to maintain a strong profitability margin.
Operating Metrics
In Q3FY25, the total expenses for Kalyan Jewellers India Ltd were reported at ₹7024.64 crores, showing an 18.8% increase QoQ from ₹5913.53 crores and a 40.4% increase YoY from ₹5004.65 crores. This indicates a significant rise in operating costs compared to previous periods, which might include various factors like increased raw material costs, labor, or other operational expenses. The tax expense for the quarter was ₹74.88 crores, which increased by 57.2% QoQ from ₹47.62 crores and by 28.7% YoY from ₹58.18 crores. These metrics provide insight into the company's operational scale and cost structure, reflecting the dynamics of managing growth and profitability in the jewelry business.
