All third-party content is the intellectual property of the respective third party and all rights are reserved to such party. Kalyan Jewellers mentioned gross margin at the showroom level improved YoY and was broadly according to the prior quarter. Given the higher share of revenue from franchised showrooms, blended gross margin declined sequentially and YoY. In a submitting to BSE, Kalyan Jewellers stated its operating momentum was constant and sustained via the complete quarter, including during Akshaya Tritiya, underpinning the resilience of its category throughout the general consumption basket. The launch is a part of Tanishq’s International enterprise growth technique.
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