In Q4, Kalyan Jewellers is anticipated to disclose a 17% increase in revenue
The company's business activities in India experienced a revenue rise of roughly 16% in the last quarter compared to the corresponding period in the preceding year.
Tried and tested growth drivers to boost sales
Retailers are citing several growth drivers that give an impetus to sales, ranging from improving systems and procedures within the company, to better social media management, and promotion and communication, says Suneeta Kaul
WGC’s Q3 Report Launched
Report informs of a strong third quarter that lifts gold demand to pre-pandemic levels
Kalyan Jewellers Release its Q1 Report for FY 2023
The jewellers’ Quarterly Update of Q1 FY 2023 reports robust momentum in both footfalls and revenue across markets in India and Middle East
Jan gold imports 40.5% lower than the same month in 2021
Experts say the surge in gold imports in 2021 was driven by the pent-up demand of 2020 -- they are expected to moderate to $30-$35 billion in this calendar year.
Kalyan Jewellers records 17% revenue growth in Q3FY22
Total revenue for the quarter was Rs. 3435 crore, compared to a total revenue of Rs. 2936 crore for the same period during the last financial year
Demand for diamond jewellery set to go up, thanks to Budget provisions
Moreover, exports of diamond jewellery are also expected to get a fillip -- as it is, exports of gems and jewellery have already crossed the pre-COVID levels
Kalyan Jewellers reports strong sales in Dec quarter
The revenue growth is partly because of the addition of five new showrooms in India during the period, including four outside the core market of South India
Gold jewellery exports to Dubai fall
Dubai’s jewellery wholesalers said they reduced purchases from India because tourists were not coming to the country amid the pandemic
Pent-up demand driving gold sales this Diwali
Demand is primarily driven by a firm grip on the pandemic, with higher vaccination rates and falling infection rates leading to a rebound in economic activity
Senco Gold & Diamonds unveils offers for Dhanteras
The company has released new brand campaigns with Bollywood star Kiara Advani and BCCI chief Sourav Ganguly
Gold imports recover to pre-Covid levels owing to strong demand
The average import of gold in value terms during April-September 2021 was US$3992.34 million, an increase of around 40% versus FY 2017 to FY 2019
G & J sector has huge potential in Hong Kong: GJEPC
There has been a shift in the preferences of buyers in Hong Kong as they have now become price-sensitive
B V R Subrahmanyam, Commerce Secretary Assures Full Support To Gems & Jewellery Industry to Boost Exports
In an exclusive interactive session organised by the Gem and jewellery Export promotion council (GJEPC), Shri B V R Subrahmanyam, Commerce Secretary, MOC & I , Govt of India spoke to the gem and jewellery exporters on 4th September in Mumbai
Gems & Jewellery Exports Record A Staggering 8.46% Growth In Q1
- Studded Gold Jewellery Exports record a growth of 69.87%
- Cut and Polished diamond exports register a growth of 26.45%
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