{"id":110921,"date":"2022-11-10T16:20:45","date_gmt":"2022-11-10T13:20:45","guid":{"rendered":"https:\/\/timeskuwait.com\/news\/?p=110921"},"modified":"2022-11-10T16:20:45","modified_gmt":"2022-11-10T13:20:45","slug":"kalyan-jewellers-india-limited-recorded-pat-of-rs-106-crores-a-growth-of-54-in-q2fy23","status":"publish","type":"post","link":"https:\/\/timeskuwait.com\/news\/kalyan-jewellers-india-limited-recorded-pat-of-rs-106-crores-a-growth-of-54-in-q2fy23\/","title":{"rendered":"Kalyan Jewellers India Limited recorded PAT of Rs 106 crores; a growth of 54% in Q2FY23"},"content":{"rendered":"

The recently concluded quarter has been yet another positive one for Kalyan Jewellers India Limited. The Company recorded consolidated revenue of Rs 3,473 crores for Q2FY23 as against Rs 2,889 crores in the corresponding quarter of the previous year, a growth of 20%. Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) was recorded at Rs 266 crores compared to Rs 228 crores in the same quarter of the previous year, a 17% growth. Consolidated PAT for the quarter was at Rs 106 crores as against a PAT of Rs 69 crores for the same period of the previous year, a growth of 54%.<\/p>\n

The consolidated revenue of the Company for the first half (H1FY23) was Rs 6,806 crores,
\ncompared to the consolidated revenue of Rs 4,525 crores for the same period during the
\nprevious financial year, a 50% growth. The company recorded Earnings Before Interest, Tax, Depreciation & Amortization (EBITDA) of Rs 530 crores for the first half compared to Rs 297 crores in the same period of the last financial year, recording a growth of 79%. Consolidated PAT for H1FY23 was Rs 214 crores as against a PAT of Rs 17 crores in H1FY22.<\/p>\n

Riding on strong demand recovery, the standalone revenue of the Company (India) for Q2FY23 was at Rs 2,841 crores, as against Rs 2,503 crores in Q2 of the previous year.
\nThe India operations recorded Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of Rs 222 crores for the quarter, compared to Rs 201 crores in the same quarter of the previous year. The standalone PAT (India) for the quarter was Rs 95 crores compared to a PAT of Rs 68 crores in the corresponding quarter of the previous financial year.<\/p>\n

The e-commerce division, Candere, recorded a revenue of Rs 37 crores for the quarter versus Rs 32 crores in the corresponding quarter of the previous year. The quarter recorded a loss of Rs 3 crores as against a profit of Rs 54 lakhs for the corresponding quarter of the previous year.<\/p>\n

In the Middle East, total revenue from operations during Q2FY23 was at Rs 601 crores as
\nagainst Rs 360 crores in Q2 of the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The recently concluded quarter has been yet another positive one for Kalyan Jewellers India Limited. The Company recorded consolidated revenue of Rs 3,473 crores for Q2FY23 as against Rs 2,889 crores in the corresponding quarter of the previous year, a growth of 20%. Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) was recorded at Rs […]<\/p>\n","protected":false},"author":1,"featured_media":110922,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,20],"tags":[],"class_list":["post-110921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-india"],"yoast_head":"\nKalyan Jewellers India Limited recorded PAT of Rs 106 crores; a growth of 54% in Q2FY23 - TimesKuwait<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timeskuwait.com\/news\/kalyan-jewellers-india-limited-recorded-pat-of-rs-106-crores-a-growth-of-54-in-q2fy23\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kalyan Jewellers India Limited recorded PAT of Rs 106 crores; a growth of 54% in Q2FY23 - TimesKuwait\" \/>\n<meta property=\"og:description\" content=\"The recently concluded quarter has been yet another positive one for Kalyan Jewellers India Limited. The Company recorded consolidated revenue of Rs 3,473 crores for Q2FY23 as against Rs 2,889 crores in the corresponding quarter of the previous year, a growth of 20%. 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