Kalyan Jewellers India Limited Reports Standalone and Consolidated Financial Results for the Quarter and Year Ended 31 March 2021
May 27, 2021 at 03:35 am EDT
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Kalyan Jewellers India Limited reported Standalone and Consolidated Financial Results for the quarter and year ended 31 March 2021. For the quarter, on a standalone basis, the company reported revenue from operations of INR 26,149.37 Million compared to INR 16,277.86 Million a year ago. Profit after tax was INR 665.00 Million compared to INR 574.54 Million a year ago. Basic Earnings per share was INR 0.78 compared to INR 0.68 a year ago. Diluted Earnings per share was INR 0.69 compared to INR 0.60 a year ago.
For the fiscal year ended March 31, 2021, on a standalone basis, the company reported revenue from operations of INR 73,255.09 Million compared to INR 78,458.26 Million a year ago. Profit after tax was INR 1,382.32 Million compared to INR 1,563.51 Million a year ago. Basic Earnings per share was INR 1.63 compared to INR 1.86 a year ago. Diluted Earnings per share was INR 1.44 compared to INR 1.63 a year ago.
For the quarter, on a Consolidated basis, the company reported revenue from operations of INR 30,566.01 Million compared to INR 21,407.18 Million a year ago. Profit after tax was INR 738.75 Million compared to INR 479.53 Million a year ago. Basic Earnings per share was INR 0.87 compared to INR 0.57 a year ago. Diluted Earnings per share was INR 0.77 compared to INR 0.50 a year ago.
For the fiscal year ended March 31, 2021, on a Consolidated basis, the company reported revenue from operations of INR 85,733.05 Million compared to INR 101,009.18 Million a year ago. Loss after tax was INR 60.73 Million compared to profit after tax of INR 1,422.75 Million a year ago. Basic and Diluted loss per share was INR 0.07 compared to earnings per share of INR 1.70 a year ago.
Kalyan Jewellers India Limited is an India-based jewelry retailer, which is engaged in offering gold, diamond, pearl, white gold, gemstone, platinum and silver jewelry products. The Companyâs brand includes Mudhra, Anokhi, Rang, Vedha, Tejasvi, Apoorva, Ziah, Laya and Glo. Its products include chains, rings, necklaces, earrings, bracelets, bangles, gold, white gold and platinum. The services provided by My Kalyan includes jewelry purchase advance schemes, gold insurance, wedding purchase planning, advance booking of purchases to protect against price increases, sale of gift vouchers and gold buying tips and education. It has approximately 150 retail stores spread across India and Middle East. The Companyâs subsidiaries include Kalyan Jewellers FZE, Kalyan Jewellers LLC, Kalyan Jewellers For Golden Jewelry Company, W.L.L., Kenouz Al Sharq Gold Ind.LLC, Kalyan Jewelers, Inc., Kalyan Jewellers Bahrain W.L.L and Enovate Lifestyles Private Limited.