Kalyan Jewellers Q2 results: Net profit declines 3% to Rs 130 crore

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Kalyan Jewellers Q2 results: Net profit declines 3% to Rs 130 crore - Business Standard

Quick Summary:

Jewellery retailer Kalyan Jewellers on Tuesday reported a 3.37 per cent decline in consolidated profit after tax (PAT) to Rs 130.32 crore during the September quarter.

Revenue from operations of the company witnessed a 37.39 per cent growth during the quarter under review at Rs 6,065.48 crore compared to Rs 4,414.53 crore in the same period of the previous year.

The company said there was a one-time loss of Rs 69 crore due to reduction in customs duty in India during the second quarter of FY25.