Kally \k(al)-ly\ as a girl's name is a variant of Calista (Latin, Greek), Callie (Greek), Kallie (Greek) and Kallista (Greek), and the meaning of Kally is "cup; fairest, most beautiful; beautiful, lovely".
The baby name Kally sounds like Cally, Kalli, Kalla, Kaly, Kalley, Kalle, Kaley and Kelly. Other similar baby names are Karly, Lally, Hally, Mally, Sally, Tally, Vally and Wally.