The jewellery retailer reported an 86% year-on-year rise in net profit to ₹85 crore for the June quarter, compared with ₹45.7 crore in the corresponding period last year. Revenue increased 71.2% to ₹2,666.4 crore from ₹1,558 crore a year ago.
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Shares of Thangamayil Jewellery Ltd. tumbled as much as 10% on Wednesday, July 29, after the company announced its earnings for the quarter ended June 2026.
The jewellery retailer reported an 86% year-on-year rise in net profit to ₹85 crore for the June quarter, compared with ₹45.7 crore in the corresponding period last year.
Revenue increased 71.2% to ₹2,666.4 crore from ₹1,558 crore a year ago, while EBITDA climbed 66.2% to ₹144.6 crore from ₹87 crore.
However, EBITDA margin narrowed to 5.4% from 5.6% in the year-ago quarter.
