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Kalyan Jewellers India reported a 27.1% rise in Q2 profit, driven by domestic demand and increased store traffic. Consolidated net profit for Kalyan Jewellers India rose to INR 1.35 billion ($16.23 million) in Q2, with revenue from India operations growing 32%. ....
Its India operations, the biggest in terms of revenue contribution, saw revenue grow about 32%. Its Middle East operations saw a 5% jump in revenue as Eid holidays drove sales. "We are extremely excited with the way the festive quarter has progressed thus far," said Ramesh Kalyanaraman, executive director, Kalyan Jewellers India. ....
Tribhovandas Bhimji Zaveri: Mumbai-based Tribhovandas said it expects to see steady growth in December quarter on the back of robust demand during the traditional wedding season. ....
/PRNewswire/ The jewelry market in India is set to grow by USD 21.54 billion between 2022 and 2027 and register a CAGR of 5.54%, according to Technavio s. ....
In a day filled with extraordinary market activity, several smallcap stocks achieved a remarkable milestone by reaching new all-time highs on October 18. ....