We will be focusing more on tier II and beyond cities, says Ramesh Kalyanaraman, ED of Kalyan Jewellers – ET Retail
Kalyan Jewellers recently reported a 23.6 per cent YoY rise in its net profit at Rs 177.8 crore for Q1FY25. At the operating level, EBITDA of the company increased 16.5 per cent to Rs 376.1 crore in the first quarter of this fiscal over Rs 322.8 crore in the year-ago period. The EBITDA margin stood…