1 year ago
Thangamayil Q1 Profit Down 19% Amidst Gold Sales Drop
Thangamayil Jewellery made less profit in the first quarter because they sold less gold, due to the price of gold going up.
However, they earned more money overall than last year.
They hope to sell more gold if the price goes down or stays the same.
The company's stock price also went down.
Thangamayil Jewellery's Q1 net profit decreased by 19% to ₹46 crore.
Revenue for the quarter increased by 27% to ₹1,555 crore.
Gold ornament sales volume decreased by 4% to 1,496 kg.
The drop in sales volume is attributed to a rise in gold prices.
Company share price closed at ₹1,751.20, down ₹82.40.
- Who
- Thangamayil Jewellery Ltd.
- What
- Thangamayil Jewellery's Q1 financial performance.
- Where
- Based in Madurai.
- When
- Q1 ended June 30, 2025.
- Why
- Due to drop in gold sales volume driven by increase in gold prices.
Sales Performance
Financial Metrics
Sales and Revenue
Sales Performance
Gold ornament sales volume decreased.
Financial Metrics
Revenue rose by 27%.
Key facts
- Net Profit (Q1 2025)
- ₹46 crore
- Revenue (Q1 2025)
- ₹1,555 crore
- Gold Sales Volume
- 1,496 kg
- Share Price at Close
- ₹1,751.20
- Percentage Drop in Profit
- 19%
- Revenue Increase
- 27%
