Quarterly Updates21 Apr 2026, 01:06 pm
Thangamayil Jewellery Akshaya Tritiya Sales up 75.87% to ₹279.27 Cr
AI Summary
Thangamayil Jewellery Ltd reported Akshaya Tritiya sales of ₹279.27 Crores for the year 2026-2027, marking a significant 75.87% year-on-year (YoY) increase compared to ₹158.80 Crores in the previous year. Despite a 59% YoY surge in gold prices, the company achieved a 15.14% growth in gold volume sales, selling 183.20 kg this year against 159.11 kg last year. Additionally, non-gold revenue also saw substantial growth, increasing by 61% to ₹17.99 Crores from ₹11.17 Crores in the corresponding previous year.
Key Highlights
- Akshaya Tritiya sales surged 75.87% YoY to ₹279.27 Crores.
- Gold volume sales increased 15.14% YoY to 183.20 kg despite price hike.
- Non-gold revenue grew 61% YoY to ₹17.99 Crores.
- Strong performance indicates robust demand despite higher gold prices.