Kalyan Jewellers ka 64% profit jump: Growth nahi, one-time gain hai

Kalyan Jewellers ka Q2 profit 64% badh ke 427 crore hua, lekin dhyan rakhna ki yeh organic growth nahi hai. Company ne clearly bataya ki yeh surge ek one-time gain ki wajah se aaya hai. Revenue 31% upar hai, jo solid hai, par profit quality abhi se judge karna galat hoga. Agar aap sirf headline number par trade kar rahe hain, to yeh number misleading hai. Asli growth dekho jab one-time items adjust ho jaayein tab. Research: Kalyan Jewellers Q2FY26 PAT excluding one-time gains vs Q1FY26 PAT