Despite rising geopolitical tensions between India and Pakistan that dragged equity benchmarks into the red, Kalyan Jewellers' stock bucked the trend on Friday, posting strong gains after announcing robust Q4 results and a dividend
Thrissur-headquartered Kalyan Jewellers India Ltd reported a 36% year-on-year increase in consolidated net profit for Q4 FY25, rising to Rs.188 crore from Rs.138 crore in the same period last year. The company also declared a final dividend of Rs.1.50 per equity share, subject to shareholder approval.
Shares of Kalyan Jewellers gained over 3% in intraday trading on the BSE, reaching Rs.527.70, even as benchmark indices like the Sensex plunged over 900 points amid heightened India-Pakistan conflict.
Strong Revenue Growth Across Regions
Kalyan's consolidated revenue for the quarter jumped 37% YoY to Rs.6,182 crore, compared to Rs.4,525 crore in Q4 FY24. The company saw robust growth in both its domestic and international markets.
Standalone India revenue surged 41% to Rs.5,350 crore.
Middle East operations posted a 26% revenue rise to Rs.784 crore, while profits in the region grew 22% to Rs.12 crore.
“We continue to see strong traction across key geographies, driven by new collections and an expanded retail footprint,” the company said in a regulatory filing.
Dividend Declared
The Board of Directors recommended a final dividend of Rs.1.50 per share (15% of face value) for the financial year ended March 31, 2025. This marks continued shareholder rewards in a year of strong financial performance.
Market Sentiment Mixed
Despite broader market sell-offs due to geopolitical uncertainty, Kalyan Jewellers stood out as a notable gainer. The Sensex dropped over 1%, while the Nifty 50 fell below the 24,000 mark.
Analysts said the company’s strong fundamentals and consistent earnings growth have helped build investor confidence amid volatility.
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