iconiifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Kalyan Jewellers' Profit after Tax at 108 crore in June quarter; Stock soars 2.7%

5 Aug 2022 , 11:11 AM

Kalyan Jewellers India Limited has witnessed continued robust momentum in both footfalls and revenue across markets in India and in the Middle East during recently concluded quarter i.e. June 30, 2022.
The Company registered consolidated revenue of Rs3,333 crore for Q1FY23, a growth of 104% as compared to Rs1,637 crore in the corresponding quarter of the previous year. Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) was recorded at Rs264 crore, a growth of 283% as compared to Rs69 crore in the same quarter of the previous year. 
Consolidated PAT for the quarter was recorded at Rs108 crore, as compared to a loss of Rs51 crore for the same period of the previous year. Kalyan’s business has seen a significant acceleration in scale, growth and profitability led by industry tailwinds and strong execution, and recorded a consolidated Profit After Tax in the Last Twelve Months of Rs383 crore, ~170% higher than pre-COVID (FY20) levels of Rs142 crore.
Standalone revenue for the Company (India) was at Rs2,719 crore, a growth of 113% as compared to Rs1,274 crore in Q1 of the previous year. EBITDA in India was Rs218 crore for the quarter, a growth of 336% as compared to Rs50 crore in the same quarter of the previous year. PAT in India for the quarter stood at Rs95 crore, as compared to a loss of Rs43 crore in the corresponding quarter of the previous year.
The e-commerce division, Candere, registered a revenue of Rs44 crore during the quarter as against Rs24 crore in the corresponding quarter of the previous year. The quarter recorded a loss of Rs1.2 crore as against a profit of Rs31 lakhs for the corresponding quarter of the previous year.

On Friday early morning trade, Kalyan Jewellers India was trading at Rs72.25 per share up by Rs1.9 or 2.7% from its previous closing of Rs70.35 per share on the BSE.

Related Tags

  • business performance
  • business update
  • Kalyan Jewellers India
  • Kalyan Jewellers India shares
  • Kalyan Jewellers India stocks
  • news
  • Q1 highlights
sidebar mobile

BLOGS AND PERSONAL FINANCE

Images
28 Mar 2024   |   03:36 PM
Images
28 Mar 2024   |   03:01 PM
Images
28 Mar 2024   |   01:21 PM
Images
28 Mar 2024   |   01:02 PM
Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.