Thangamayil Jewellery Posts Rs 279 Cr In Sales On Akshaya Tritiya
Fashion & Lifestyle

Thangamayil Jewellery Posts Rs 279 Cr In Sales On Akshaya Tritiya

India's Gems & Jewellery Exports Fall 12% In FY24

Non gold revenue also increased by 61 per cent on this Akshaya Tritiya to Rs 17.99 crore

Marking a healthy improvement in its performance, Thangamayil Jewellery, a public-listed company, has reported revenue of Rs 279.27 crore as Akshaya Tritiya sales for the current year as compared to Rs 158.80 crore in the corresponding period of the previous year. This marked an incremental growth of 75.87 per cent on a year-on-year (YoY) basis.

“In spite of a 59 per cent increase in the gold price on a YoY basis in this year Akshaya Tritiya in volume, the company sold 183.20 kg as compared 159.11 kg sold in the last year resulting in volume growth of 15.14 per cent YoY basis,” the company said in an exchange filing.

Non-gold revenue also increased by 61 per cent on this Akshaya Tritiya to Rs 17.99 crore as compared to Rs 11.17 crore in the last year. The company’s net sales for the nine months ended 31 December 2025 stood at Rs 5,661.13 crore, an uptick from Rs 3,530.07 crore in the same period a year-ago.

The profit of the company rose to Rs 208.99 crore in 9MFY26 from Rs 87.31 crore in 9MFY25. The volume offtake for gold for nine months ended 31 December 2025 was at 4,742 kg in gold and 18,430 kg in silver as against 4,359 kgs in gold and 14,844 kgs in silver in 9MFY25.

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