Kalyan Jewellers delivered exceptional first-half FY27 results with consolidated revenue rising 38% to ₹20,912 crore compared to ₹15,125 crore in the previous year. According to the latest company announcement, consolidated profit after tax (PAT) increased 48% to ₹776 crore in the April-September period, significantly outperforming the previous year's ₹525 crore. The strong performance was driven by robust festive and wedding season sales, with the company expressing optimism about the ongoing festive quarter and wedding season momentum.
Kalyan Jewellers delivered exceptional Q2FY27 results with consolidated PAT surging 64% to ₹427 crore compared to ₹261 crore in the previous year. According to reports from NDTV Profit, the company's consolidated revenue grew 31% to ₹10,323 crore from ₹7,856 crore year-on-year. Standalone revenue from India operations stood at ₹9,007 crore in Q2 FY27, up 32% from the year-ago period, while standalone PAT rose 62% to ₹424 crore. The company benefited from a one-time gain of ₹73.5 crore during the quarter and expressed optimism about the ongoing festive season, particularly during Navratri and Dhanteras.
Kalyan Jewellers shares closed at ₹611 on the National Stock Exchange (NSE) on Tuesday, gaining 3.21% from the previous close of ₹592. During the trading session, the stock moved between ₹595 and ₹614.45. The stock has delivered returns of around 26% so far in the calendar year, with its 52-week range on the NSE standing at ₹327.05 to ₹648.95. The company's market capitalisation stood at approximately ₹63,101 crore on the exchange, reflecting strong investor confidence in the jewellery retailer's growth trajectory.
Avanti Feeds faced challenges with net profit declining 55% to ₹69 crore from ₹153 crore in the previous year, despite revenue growth of 8.9% to ₹1,753 crore. As reported by NDTV Profit, the company's EBITDA margin compressed significantly to 4.45% from 12.04%, with EBITDA falling 59.7% to ₹78 crore. Matrimony.com showed strong recovery with net profit increasing to ₹20.7 crore from ₹7.8 crore, while revenue grew 17.6% to ₹135 crore. The company announced plans to acquire an additional 50% stake in Astro-Vision Futuretech for ₹8 crore.
IIFL Finance approved a significant ₹6,414 crore preferential fundraise led by Blackstone at ₹602 per share, representing a 4% discount to the current market price. According to NDTV Profit, Blackstone-affiliated Ingot SG Pte will infuse ₹5,000 crore, while Anchorage Capital Schemes will contribute ₹150 crore. Promoter Nirmal Jain will invest ₹903 crore, and promoter Venkataraman Rajamani will contribute ₹271 crore. Blackstone will acquire a 15.57% fully diluted stake in the company.
