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Thangamayil Jewellery Ltd Q1FY24; 211% rise in Profits

Thangamayil Jewellery Limited operates a chain of retail jewellery stores across several districts in Tamil Nadu, a state that have the largest share (40%) of India’s total gold consumption.

Financial Results:

Thangamayil Jewellery Ltd reported Revenues for Q1FY24 of ₹960.00 Crores up from ₹826.00 Crore year on year, a rise of 16.22%.

Total Expenses for Q1FY24 of ₹881.00 Crores up from ₹800.00 Crores year on year, a rise of 10.12%.

Consolidated Net Profit of ₹59.00 Crores up 210.53% from ₹19.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹21.39, up 208.66% from ₹6.93 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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