Stock Market Today: Kalyan Jewellers shares gained in the morning trade on Friday, post Q4 results announced by the company after market hours on Thursday. The company also announced a dividend.
Kalyan Jewellers' share price rose by up to 3% despite weakness in the Indian stock market due to the rising India-Pakistan conflict.
Kalyan Jewellers India Ltd announced that its consolidated net profit for the fourth quarter of the fiscal year 2024–2025 (FY25) increased by 36% year over year (YoY) to ₹188 crore. In the same quarter of the previous fiscal year, the net profit stood at ₹138 crore.
In the meantime, Kalyan Jewellers' operating revenue in Q4 FY25 increased by 37% YoY to ₹6,182 crore, up from ₹4,525 crore in the same quarter last year.
One of the leading jewellery stores in India, Kalyan Jewellers, has its headquarters in Thrissur, Kerala, and is also present in the US and the Middle East.
According to the company, its net profit and standalone India revenue for Q4 FY25 were at ₹185 crore and ₹5,350 crore, respectively, representing increases of 38% and 41%.
Revenue from the Middle East business rose 26% YoY to ₹784 crore in the March 2025 quarter. At the same time, profit increased by 22% to ₹12 crore.
The board of Kalyan Jewellers announced a dividend of ₹1.50 (15%) per equity share of ₹10 each for FY25, in addition to the announcement of the financial results.
In a filing, Kalyan Jewellers stated that it was recommending a final dividend of ₹1.50 per equity share of 10 for the fiscal year that ended on March 31, 2025, subject to member approval at the company's subsequent annual general meeting. The dividend announcement, as per Kalyan Jewellers, translates into 15% considering the dividend announced and the face value of the share.
Kalyan Jewellers share price scaled an intraday high of ₹527.70, which marked gains of more than 3%. The gains for Kalyan Jewellers' share price rose despite falling markets amid the India-Pakistan conflict. Sensex corrected more than 1% on Friday.
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