Mumbai, Aug. 5 -- Profit before tax (PBT) rose 31.68% year on year to Rs 464.81 crore during the quarter.

Gross profit increased 25% YoY to Rs 1,263.8 crore. However, the gross profit margin declined to 11.9% from 13.9% in the corresponding quarter of the previous fiscal.

The company said the gross margin in its India business was impacted by a higher proportion of exchanged gold, promotional offers under its exchange campaign, and a one-off gain from platinum and silver sales in the base quarter (Q1 FY26).

EBITDA rose 25% year on year to Rs 632.5 crore, while EBIT increased 26% YoY to Rs 517.5 crore.

As of 30 June 2026, Kalyan Jewellers operated 354 Kalyan showrooms in India, including 234 franchise-owned, company-operated (FOCO) out...