Thangamayil Jewellery Limited posted a strong financial performance for the quarter ended December 31, 2024. The company’s net profit surged 72% year-on-year (YoY) to ₹48.19 crore compared to ₹28 crore in the same period last year. Revenue from operations jumped 26% YoY to ₹1,132.46 crore, up from ₹895.9 crore in Q3 FY24.
The company’s strong performance was driven by a robust increase in retail sales, efficient cost management, and higher demand across key segments. Total expenses for the quarter stood at ₹1,065 crore, reflecting a controlled rise from ₹858.15 crore YoY.
The profit before tax (PBT) increased significantly to ₹67.45 crore, showcasing the company’s operational efficiency during the quarter. With a tax outgo of ₹19.26 crore, the company successfully delivered strong bottom-line growth.
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