CaratLane recorded a 27.9% YoY growth in its total income at INR 829 Cr in Q2 FY25
The omnichannel jewellery startup clocked an EBIT of INR 58 Cr in Q2 with a margin of 7%
The Tata-owned company opened 11 new outlets during the quarter under review, taking the total store count to 286 spread across 119 cities pan-India
Tata-owned omnichannel jewellery startup Caratlane
recorded a 27.9% year-on-year growth in its total income at INR 829 Cr in the second quarter of the financial year 2024-25 (Q2 FY25), driven by strong customer demand for its studded products.
Total income excluded bullion and digi-gold sales of INR 143 Cr and INR 63 Cr in Q2 FY25 and Q2 FY24, respectively, CaratLane’s parent Titan said in an earnings statement.
Further, CaratLane clocked an EBIT (earnings before tax and interest) of INR 58 Cr in the July to September quarter, with a 7% margin.
Revenue from the studded category jumped 41% YoY, its contribution improving by 7…
