Kalyan Jewellers India reports 26% Q2 revenue growth
Kalyan Jewellers India reported consolidated revenue growth of 26% for the second quarter ended September, driven by a 27% increase in domestic sales. International sales grew 18% in the same period. The stock climbed 2.8% to 563.5 rupees. Meanwhile, larger rival Titan dropped 4% after reporting 21% domestic jewellery segment growth.
5 rupees after reporting 26% growth in consolidated revenue for the second quarter, with India revenue up 27%. International sales increased 18% for the quarter ended September. Titan fell 4% after reporting 21% growth in its domestic jewellery segment. 7% rise.