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Kalyan Jewellers India's stock jumped 12% on strong Q3 results, with net profit up 90% year-on-year and revenue rising 42%.
Kalyan Jewellers India's stock rose nearly 12% on Monday after reporting a 90% year-on-year increase in third-quarter net profit to ₹416.3 crore and a 42% revenue rise to ₹10,343 crore, driven by strong festive demand, franchise expansion, and debt reduction.
The company saw robust growth in domestic and international markets, with improved margins and a shift toward studded jewelry.
Analysts maintained "Buy" ratings, citing sustained earnings growth and plans to achieve a debt-free status by FY27.
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Las acciones de Kalyan Jewellers India subieron un 12% en los sólidos resultados del tercer trimestre, con una ganancia neta del 90% interanual y un aumento de los ingresos del 42%.