
Kalyan Jewellers reported a consolidated net profit of ₹218.68 crore for the third quarter of the 2024-25 fiscal year, reflecting a 21.23% increase from ₹180.6 crore in the same period last year. The company's revenue surged by 39.5% to ₹7,286.9 crore, up from ₹5,223.1 crore. Despite these positive results, Kalyan Jewellers' shares have seen a substantial decline, dropping nearly 40% in January 2025 alone. Analysts have reacted to the stock's volatility, with some cutting price targets after a 45% fall from its peak. In contrast, Hitachi Energy India shares were locked in a 20% upper circuit at ₹12,157.95 following a significant increase in its profit after tax for the December quarter. Olectra Greentech's stock also rallied nearly 14% after reporting its Q3FY25 results. Other companies like Bharat Electronics Ltd and Biocon have also reported their quarterly earnings, with Bharat Electronics showing a 52.5% increase in profit and Biocon experiencing a 96.2% drop in profit.





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Shares of Kalyan Jewellers rose 7.65% today after the company reported a 44% YoY growth in its PAT at Rs 219 crore, up from Rs 180 crore for the corresponding period in the previous year.