Kalyan Jewellers India Results Earnings Call for Q3FY23

Conference Call with Kalyan Jewellers India Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.
07-02-2023
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Kalyan Jewellers posts 148-crore consolidated PAT in Q3

The company recorded consolidated revenue of 3,884 crore
07-02-2023
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Kalyan Jewellers India Ltd - 543278 - Investor Meet - Outcome

Pursuant to Regulation 46(2) (o a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform the exchanges that the audio call recording of the Company's Earnings Conference Call to discuss the Unaudited Financial Results (standalone and consolidated) for the Q3 ended on 31st December 2022 is available on the website of the Company
07-02-2023
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Q3FY23 Quarterly Result Announced for Kalyan Jewellers India Ltd.

Kalyan Jewellers India announced Q3FY23 results: Consolidated Q3FY23: The company recorded revenue of Rs 3,884 crore for Q3FY23 as against Rs 3,435 crore in the corresponding quarter of the previous year, a growth of 13%. Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) was recorded at Rs 327 crore compared to Rs 299 crore in the same quarter of the previous year. PAT for the quarter was at Rs 148 crore as against a PAT of Rs 135 crore for the same period of the previous year. Over the past 4 quarters, the Company has achieved revenue in excess of Rs 13,500 crore and a PAT of 434 crore. Standalone Q3FY23: The revenue of the company (India) for Q3FY23 was at Rs 3,219 crore, as against Rs 2,880 crore in Q3 of the previous year, a growth of 12%. The India operations recorded EBITDA of Rs 276 crore for the quarter, compared to Rs 253 crore in the same quarter of the previous year. The standalone PAT (India) for the quarter was Rs 133 crore compared to a PAT of Rs 118 crore in the corresponding quarter of the previous financial year. The e-commerce division, candere, recorded a revenue of Rs 44 crore for the quarter versus Rs 47 crore in the corresponding quarter of the previous year. The quarter recorded a loss of Rs 1.7 crore as against a profit of Rs 26 lakhs for the corresponding quarter of the previous year. In the Middle East, total revenue from operations during Q3FY23 was at Rs 641 crore as against Rs 515 crore in Q3 of the previous year, a growth of 24%. The Middle East region contributed approximately 16.5% to the overall consolidated revenue of the company. The Middle East operations recorded EBITDA of Rs 52 crore for the quarter compared to Rs 46 crore in the same quarter of the previous year. PAT for the quarter was at Rs 17 crore compared to a PAT of Rs 16 crore in the corresponding quarter of the previous year. Retail expansion of the brand continued in the recently concluded quarter, with the launch of 6 new showrooms. Mr. Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India Limited said, “We are pleased with the performance during the recently concluded quarter and are excited with the way the current quarter has started. We are seeing robust momentum in revenue and footfalls across all markets largely driven by the ongoing wedding season demand despite a continued spike in the gold price. During the recently concluded quarter, we announced our plans to open 52 showrooms during the calendar year 2023. As part of this strategy, we have invested a significant amount of time and effort over the last 3-4 months in building our internal resources. We have hired approximately 900 personnel largely for the [20+] showrooms we plan to launch before Akshaya Tritiya – highest employee addition in a quarter in the history of the company so far”. Result PDF
07-02-2023
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Kalyan Jewellers India Ltd - 543278 - Board Meeting Outcome for Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended On 31St December 2022

Unaudited Financial Results (standalone and consolidated) for the quarter ended on 31st December 2022
07-02-2023
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Kalyan Jewellers India Ltd - 543278 - Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended On 31St December 2022

Unaudited Financial Results (standalone and consolidated) for the quarter ended on 31st December 2022
07-02-2023
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