Kalyan Jewellers reported a 37% year-on-year revenue growth in Q2 FY25, driven by high gold demand across markets.
In India, revenue surged by 39%, with same-store sales up 23%. The company's digital-first platform, Candere, saw a 30% revenue increase. West Asia contributed 13% to the overall revenue. The rise in footfalls was boosted by the reduction in customs duty on gold imports announced in Budget 2024