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Kalyan Jewellers drops ~9% despite 38% Q1 FY27 revenue growth

Kalyan Jewellers shares fell nearly 9% despite a Q1 FY27 update showing ~38% consolidated revenue growth, ~28% SSSG, strong Candere and Middle East gains, and 524 total showrooms across India and international markets.

Reported figures

From the report. Source details below

shares down 8.62% to Rs 348.35
international 14% of revenue

Also in the report

  • international revenue growth ~35%
  • Candere revenue growth ~112%
  • 12 Kalyan showrooms launched
  • 5 Candere showrooms launched

Other figures

  • Middle East growth ~30%

The source

Source Read the source at Business Today

Published

Also reported by The Hindu BusinessLine, NDTV Profit

First seen