Brands
Kalyan Jewellers sparkles with 82pc profit surge despite labour code hit
KERALA: Kalyan Jewellers India has delivered a dazzling performance for the quarter ending 31st December 2025, with consolidated profit after tax soaring 82 per cent to Rs 4.16bn from Rs 2.19bn a year earlier. Revenue climbed 42 per cent to Rs 103.43bn, propelled by robust festive season demand across its domestic and Middle Eastern markets.
The Thrissur-based jewellery chain’s standalone profit jumped 87 per cent to Rs 4.01bn on revenue of Rs 90.42bn, up 42 per cent year-on-year. For the nine months ending December, consolidated profit reached Rs 9.41bn on revenue of Rs 254.68bn, marking growth of 79 per cent and 35 per cent respectively.
The stellar numbers came despite a Rs 415m exceptional charge triggered by India’s new consolidated labour codes, which came into force on 21st November 2025. The legislation, which consolidates multiple existing labour laws into a unified framework, required the company to immediately recognise increased employee benefit provisions as past service cost under accounting standards.
Earnings per share for the quarter stood at Rs 4.03 on a consolidated basis and Rs 3.88 standalone, nearly doubling from Rs 2.12 and Rs 2.13 respectively in the same period last year. The company’s board, which met on 6th February 2026, also approved a postal ballot to appoint CR Rajagopal and Radhika Ramani as non-executive independent directors, alongside plans to incorporate a wholly owned subsidiary.
Advertisement spending surged to Rs 1.48bn for the quarter, up from Rs 1.11bn a year earlier, as the jeweller sought to capitalise on wedding season demand. The company’s international footprint spans the UAE, Oman, Kuwait, Qatar, the United States and the United Kingdom through subsidiaries and step-down entities.
Finance costs jumped 64 per cent to Rs 1.04bn on a consolidated basis, reflecting the company’s expansion drive. Inventory changes showed a sharp swing, with finished goods and work-in-progress declining Rs 4.45bn during the quarter compared with an increase of Rs 180m in the previous year’s corresponding period.
Walker Chandiok & Co, the statutory auditors, issued an unqualified review report on both standalone and consolidated results. The firm noted that ten subsidiaries’ results, representing Rs 12.1bn in quarterly revenue, were reviewed by other auditors.
With gold prices remaining elevated and wedding season demand holding firm, Kalyan Jewellers has proven that even regulatory headwinds cannot tarnish a well-polished growth story. The company’s shares trade on both the BSE and NSE under the symbols KALYANKJIL and scrip code 543278.
Brands
ITC Sunfeast Farmlite launches Sugar Free Cookies range
New variants offer guilt-free indulgence for health-conscious snackers.
MUMBAI: ITC Sunfeast Farmlite is sweetening the deal for biscuit lovers who want to have their cookie and eat it too without the sugar. The better-for-you biscuits range from ITC Foods has expanded its portfolio with the launch of an all-new Sugar Free Cookies line, aligning with the company’s vision of ‘Help India Eat Better’. The range is designed for consumers who are rethinking sugar in their daily snacking but refuse to compromise on taste and indulgence.
The collection debuts with two tempting variants: Choco Nut Cookies and Hazelnut & Oats Cookies. Both are a source of protein and contain no trans-fat, while the Hazelnut & Oats variant is also lactose-free.
ITC Ltd. vice president (marketing), biscuits, foods division, Suraj Kathuria said, “At Sunfeast Farmlite, we believe mindful snacking should never come at the cost of indulgence. With this launch, we are catering to the growing need for guilt-free snacking while delivering a rich, satisfying cookie experience.”
ITC Ltd. vice president & head of food sciences for foods division Dr Shantanu Das added, “We have applied robust food science to develop cookies that are sugar-free while preserving the taste and texture consumers love.”
Each cookie comes in convenient single-serve packs to maintain texture and freshness. Both variants are available in 100g packs priced at ₹100 and can be found on quick-commerce platforms including Blinkit, Swiggy Instamart, and Zepto.
In a market increasingly leaning towards healthier choices, ITC Sunfeast Farmlite’s new Sugar Free Cookies prove that cutting sugar doesn’t mean cutting joy. For the health-conscious yet indulgent snacker, this could be the perfect bite-sized solution.
