Our India operations witnessed revenue growth of approximately 31% during Q1 FY2026 as compared to Q1 FY2025, driven primarily by robust Akshaya Tritiya and wedding demand.

The quarter recorded healthy same-store-sales-growth of approximately 18%.

Our international operations recorded revenue growth of approximately 31% when compared to the same period during the previous financial year. In the Middle East, we witnessed revenue growth of approximately 26% for Q1 FY2026 as compared to Q1 FY2025 driven predominantly by same-store-sales-growth. International markets contributed approximately 15% to our consolidated revenue for the recently concluded quarter.

Our digital-first jewellery platform, Candere, recorded a revenue growth of approximately 67% during the recently concluded quarter as compared to the same period during the last year. Candere launched its brand campaign during the second half of May 2025. We are encouraged by the significant improvement in showroom footfalls, web traffic and revenue growth for the period post the launch of the brand campaign when compared to the corresponding period in the previous year.

During the recently concluded quarter, we launched 10 Kalyan showrooms in India, 1 Kalyan showroom in the US and 8 Candere showrooms in India.

The ongoing quarter has started off well and we are upbeat about the upcoming new showroom launches, gearing up with fresh collections and campaigns for the upcoming festive and wedding season across the country. As communicated earlier, during FY 2026, we plan to launch 170 showrooms across Kalyan and Candere formats – 75 Kalyan showrooms (all FOCO) in non-south India (including 5 larger-format flagship Kalyan showrooms), 15 Kalyan showrooms (all FOCO) across south India and international markets and 80 Candere showrooms in India.

As of June 30, 2025, our total number of showrooms across India and the Middle East stood at 406 (Kalyan India – 287, Kalyan Middle East – 36, Kalyan USA – 2, Candere – 81).

The metrics and other details provided above are subject to Limited Review process by our Statutory Auditors. Post approval of the results for the quarter ended June 30, 2025 by the board of directors, a detailed information update will follow. Revenue figures provided above refer to revenue from sale of goods.

The post Kalyan Jewellers FY26Q1 Update: Robust 31% Consolidated Revenue Growth appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru, April 29 2025: Instamart, India’s pioneering quick commerce platform, has partnered with Kalyan Jewellers, one of India’s most trusted and iconic jewellery brands, marking the jewellery brand’s debut in the quick commerce space. Just in time for Akshay Tritiya, customers can now order certified gold and silver coins directly on Instamart and have them delivered to their doorsteps in minutes. Instamart users can avail the service across all 100 cities including top metros.

Starting April 25, consumers across cities can shop a certified assortment of gold and silver coins on Instamart, making last-minute festive shopping more seamless and stress-free than ever before. The exclusive range includes:

• Gold Coins: 0.5g and 1g (24 Karat, BIS Hallmarked) featuring motifs like the Flower, Ayodhya, Lord Ganesh, Swastik and Goddess Lakshmi
• Silver Coins: 5g, 10g, and 20g (999 pure silver, certified) adorned with auspicious motifs such as Ganpati, Laxmi, Ganesh Laxmi and more.

Whether it’s for gifting, spiritual rituals, or personal investment, these coins are a symbol of prosperity and auspicious beginnings, perfectly aligned with the spirit of Akshaya Tritiya. But what makes this launch truly special is that it’s not just a festive addition. Post Akshaya Tritiya, Kalyan Jewellers’ gold and silver coins will continue to be available on Instamart as part of their regular assortment, giving consumers year-round access to trusted, quality-assured precious metals with just a few taps.

Amitesh Jha, CEO of Instamart said, “We’re excited to welcome Kalyan Jewellers to our platform ahead of Akshaya Tritiya. With more customers embracing the convenience of quick commerce for festive and traditional purchases, this partnership is both timely and relevant. Our goal is to ensure that customers can access trusted, certified products like gold and silver coins with the same ease as they would groceries or other household purchases.”

With this latest offering, Instamart is reaffirming its position as the go-to destination for not just groceries, but moments of joy, celebration, and tradition, delivered instantly.

Speaking about the partnership, Mr Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers said, “Akshaya Tritiya is a time-honoured tradition, and purchasing gold or silver on this day is considered especially auspicious. Through our collaboration with Swiggy’s Quick Commerce platform, Instamart, we are making it easier than ever to buy Kalyan gold and silver coins. Our offering includes 0.5g and 1g gold coins, along with 5g, 10g, and 20g silver coins – delivered straight to your doorstep in minutes. This provides customers with the flexibility to choose according to their needs, budgets, and convenience. This partnership allows us to integrate the auspiciousness of tradition with the ease and speed of modern living, ensuring the spirit of the festival remains.” 

To celebrate this golden partnership, Instamart launched a striking on-ground activation named InstaGold. In Hyderabad, a high-footfall location was transformed with an eye-catching installation, completely covered in chocolate coins wrapped in identical gold foil. But here’s the twist: hidden among them were 5 real gold coins, indistinguishable from the rest. Each participant had just one chance to pick a coin and try their luck. This exciting, interactive experience captured the spirit of Akshaya Tritiya, bringing together tradition, surprise, and a dash of golden fortune in the most delightful way.

From impulse festive buys to thoughtful last-minute gifts or meaningful personal indulgences, Kalyan Jewellers’ debut on Instamart reimagines how India shops for gold with purity, trust, and now, unprecedented speed.

The post Instamart partners with Kalyan Jewellers to deliver Gold and Silver Coins just in time for Akshaya Tritiya appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

As part of the celebrations, customers can now purchase pure 999 – 24K gold coins, BIS hallmarked 916 – 22K gold ornaments, and an elegant range of silver collections from our head office at Royal Tower, Kaloor, Kochi, Kerala, distributed across India. Adding to the festive spirit, a limited-time 2% discount is being offered on all gold products.

Advance booking has also commenced, allowing customers to pre-select and reserve their favourite ornaments well before the auspicious day. In addition, Muthoottu Royal Gold continues to promote its popular Kanakavarsha Gold Investment Schemes available in tenures of 3, 6, and 11 months and 20 days with attractive bonuses, making gold purchases more structured and affordable for customers across segments. Monthly investment plans start from just ₹1,000, allowing individuals to build their gold assets with ease while embracing the cultural significance of Akshaya Tritiya.

“Akshaya Tritiya is celebrated across India as a day of new beginnings, prosperity, and wealth. It is considered highly auspicious to invest in gold on this day. At Muthoottu Royal Gold, we understand the deep cultural and emotional resonance this day holds for our customers. That’s why our offerings go beyond products, they represent trust, legacy, and financial empowerment. Through our curated range of gold and silver collections, attractive discounts, and flexible investment schemes, we aim to make this Akshaya Tritiya truly meaningful for every household” said Arlin Mathew Muthoottu, Promotor, Muthoottu Royal Gold.

This festive season, Muthoottu Royal Gold invites customers to celebrate prosperity the right way through responsible gold ownership backed by legacy, purity, and value.

Muthoottu Royal Gold was established with a vision to make high-quality gold accessible through innovative schemes and flexible payment plans. It continues to empower customers with meaningful investment opportunities while honouring India’s rich traditions and festive spirit.

The post Muthoottu Royal Gold Announces Exclusive Akshaya Tritiya Offers to Celebrate Prosperity and Tradition appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.