Thangamayil Jewellery Ltd posted robust December quarter results with net sales of Rs 24.01 billion and net profit of Rs 1.05 billion. The performance reflects strong festive season demand, resilient consumer spending, and effective cost management, reinforcing the company’s position in India’s retail jewellery sector.
Thangamayil Jewellery Ltd, one of India’s leading jewellery retailers, announced its financial results for the December quarter, showcasing solid growth in both sales and profitability. The company’s performance was driven by festive season demand, steady gold prices, and expanding customer base across key markets.
Key highlights
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Net sales for the December quarter stood at Rs 24.01 billion.
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Net profit reported at Rs 1.05 billion, reflecting strong earnings momentum.
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Festive season demand and resilient consumer spending boosted sales.
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Operational efficiency and cost management supported profitability.
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Company continues to strengthen its retail presence across South India.
The Q3 results highlight Thangamayil Jewellery’s ability to capitalize on seasonal demand while maintaining profitability through disciplined operations. With India’s jewellery market expected to remain strong, the company’s focus on expanding its retail footprint and enhancing customer engagement positions it well for sustained growth in the coming quarters.
Sources: Reuters, Economic Times, Business Standard