Net profit of Kalyan Jewellers India declined 3.43% to Rs 130.61 crore in the quarter ended September 2024 as against Rs 135.25 crore during the previous quarter ended September 2023. Sales rose 37.40% to Rs 6065.48 crore in the quarter ended September 2024 as against Rs 4414.54 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales6065.484414.54 37 OPM %5.407.11 - PBDT262.92245.08 7 PBT177.95178.14 0 NP130.61135.25 -3 Powered by Capital Market - Live

There was a one-time loss of Rs 69 crore due to reduction in customs duty in India during Q2 FY25, stated the firm. Revenue from operations increased 37.4% YoY to Rs 6,065.48 crore in the quarter ended 30 September 2024. Profit before tax (PBT) stood at Rs 177.95 crore in September 2024 quarter, up 0.11% YoY. EBITDA stood at Rs 327.2 core in second quarter of FY25, registering a growth of 4% as compared with Rs 313.7 crore posted in corresponding quarter last year. EBITDA margin stood at 5.4% in Q2 FY25 as against 7.1% in Q2 FY24. In terms of geography, total revenue from India jumped 39% YoY to Rs 5,226.8 crore during the quarter, driven majorly by healthy same store sales growth (SSSG) of 23% on YoY basis. During the quarter, 15 new showrooms added in India. Revenue from Middle East region increased 27% YoY to Rs 800.4 crore in Q2 FY25. Same-store-sales-growth (SSSG) was 9% while No. of showrooms increased to 36 in during the quarter as against 34 showrooms in Q1 FY24. The firm reported 10.47% increase in consolidated net profit to Rs 308.37 crore on 31.97% rise in revenue from operations to Rs 11,600.96 crore in H1 FY25 over. Headquartered in Kerala, Kalyan Jewellers is one the largest jewellery retailers in India with a presence in the Middle East.Powered by Capital Market - Live

Kalyan Jewellers India will hold a meeting of the Board of Directors of the Company on 13 November 2024.Powered by Capital Market - Live

Varroc Engineering Ltd, Shyam Metalics & Energy Ltd, PNB Housing Finance Ltd, Mahindra & Mahindra Financial Services Ltd are among the other stocks to see a surge in volumes on BSE today, 22 August 2024.Kalyan Jewellers India Ltd witnessed volume of 55.53 lakh shares by 10:46 IST on BSE, a 36.2 times surge over two-week average daily volume of 1.53 lakh shares. The stock increased 5.08% to Rs.576.00. Volumes stood at 5.96 lakh shares in the last session.Varroc Engineering Ltd clocked volume of 76000 shares by 10:46 IST on BSE, a 5.81 times surge over two-week average daily volume of 13070 shares. The stock gained 13.56% to Rs.608.60. Volumes stood at 17068 shares in the last session.Shyam Metalics & Energy Ltd notched up volume of 4.17 lakh shares by 10:46 IST on BSE, a 5.3 fold spurt over two-week average daily volume of 78620 shares. The stock rose 6.97% to Rs.817.00. Volumes stood at 49907 shares in the last session.PNB Housing Finance Ltd registered volume of 87.22 lakh shares by 10:46 IST on BSE, a 4.62 fold spurt over two-week average daily volume of 18.89 lakh shares. The stock slipped 2.81% to Rs.868.30. Volumes stood at 145.31 lakh shares in the last session.Mahindra & Mahindra Financial Services Ltd recorded volume of 2.8 lakh shares by 10:46 IST on BSE, a 4.24 times surge over two-week average daily volume of 65924 shares. The stock gained 2.08% to Rs.314.05. Volumes stood at 72734 shares in the last session.Powered by Capital Market - Live

Kalyan Jewellers India has allotted 6,18,891 equity shares under ESOP on 17 August 2024. Powered by Capital Market - Live

The headline equity indices traded with substantial losses in morning trade. The Nifty traded below the 24,800 level. Metal shares extended losses for the second consecutive trading session. At 10:30 IST, the barometer index, the S&P BSE Sensex, was down 813.94 points or 0.99% to 81,053.61. The Nifty 50 index rose 257.90 points or 1.03% to 24,753. In the broader market, the S&P BSE Mid-Cap index declined 0.93% and the S&P BSE Small-Cap index fell 0.43%. The market breadth was weak. On the BSE, 1,283 shares rose and 2,284 shares fell. A total of 147 shares were unchanged. Result today: Britannia Industries (down 1.11%), Titan Company (down 1.50%), Hindustan Zinc (down 1.73%), Dalmia Bharat (down 0.62%), Archean Chemical Industries (up 0.23%), Delhivery (up 0.40%), Dhanuka Agritech (down 0.48%), Glaxosmithkline Pharmaceuticals (up 2.71%), Kirloskar Brothers (down 0.83%), LIC Housing Finance (down 0.88%), Medplus Health Services (down 0.95%), Mold-Tek Packaging (down 2.04%), PSP Projects (down 0.06%), Saregama India (up 1.94%), Sheela Foam (down 0.66%), Sudarshan Chemical Industries (down 1.33%), UPL (down 1.09%) and Zydus Wellness (up 0.52%) will announced their quarterly earnings later today. Buzzing Index: The Nifty Metal index fell 2.57% to 9,327.20. The index slipped 2.67% in two consecutive trading sessions. National Aluminium Company (down 3.74%), Vedanta (down 3.01%), Steel Authority of India (down 2.79%), Tata Steel (down 2.77%), JSW Steel (down 2.76%), Hindustan Copper (down 2.75%), Hindalco Industries (down 2.64%), Adani Enterprises (down 2.62%), NMDC (down 2.43%) and Jindal Steel & Power (down 2.41%) declined. Stocks in Spotlight: Kalyan Jewellers India slipped 1.01%. The company's consolidated net profit jumped 23.69% to Rs 1775.58 crore in Q1 FY25 as compared with Rs 1,435.52 crore posted in Q1 FY24. Revenue from operations increased 26.5% YoY to Rs 55,354.79 crore in Q1 FY25. Godrej Agrovet rose 0.99%. The company reported consolidated net profit of Rs 132 crore in Q1 FY25, up 22.9% as compared with Rs 107 crore in Q1 FY24. Revenue declined 6.4% YoY to Rs 2,351 crore in Q1 FY25. Thermax declined 1.22%. The company's consolidated net profit jumped 82% to Rs 108 crore in Q1 FY25 as compared with Rs 60 crore in Q1 FY24. Revenue increased 13% YoY to Rs 2,184 crore during the quarter. Powered by Capital Market - Live

Revenue from operations increased 26.5% YoY to Rs 55,354.79 crore in Q1 FY25. Profit before tax (PBT) jumped 26.01% year -on-year to Rs 2,374.91 crore during the quarter. EBITDA stood at Rs 3,760 core in Q1 FY25, registering the growth of 16% as compared with Rs 3229 crore posted in corresponding quarter last year. EBITDA margin stood at 5.4% in Q1 FY25 as against 5.9% in Q1 FY24. In terms of geography, total revenue from India jumped 29% YoY to Rs 4,687.5 crore during the quarter, same store sales growth (SSSG) registered 12% growth YoY basis. During the quarter, 13 new showrooms added in India. Revenue from Middle East region increased 16% YoY to Rs 810.5 crore in Q1 FY25. Revenue growth was driven largely by same-store-sales-growth (SSSG) of 10%. No. of showrooms stood at 36 in Q1 FY25 as against 33 showrooms in Q1 FY24. Headquartered in Kerala, Kalyan Jewellers is one the largest jewellery retailers in India with a presence in the Middle East.Powered by Capital Market - Live

Net profit of Kalyan Jewellers India rose 23.55% to Rs 177.77 crore in the quarter ended June 2024 as against Rs 143.89 crore during the previous quarter ended June 2023. Sales rose 26.50% to Rs 5535.48 crore in the quarter ended June 2024 as against Rs 4375.74 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales5535.484375.74 27 OPM %6.797.38 - PBDT312.96252.53 24 PBT237.49188.46 26 NP177.77143.89 24 Powered by Capital Market - Live