Thangamayil Jewellery Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.

Thangamayil Jewellery reported Q1 FY26 total income from operations of Rs. 1,55,786 lakhs, up about 27.6% year-on-year from Rs. 1,22,033 lakhs, driven by a 28% jump in retail sales to Rs. 1,505 Crs (helped by expansion into Chennai and a 28% rise in gold prices). However, profitability weakened — Profit After Tax fell around 19% YoY to Rs. 46 Crs (from Rs. 57 Crs), while EBITDA margin on retail sales compressed sharply by 213 basis points to 5.78% (from 7.91%), and EBITDA in absolute terms dipped 5% to Rs. 87 Crs. Gross profit, however, grew 29% to Rs. 167 Crs with margin holding steady at 11.10%. EPS stood at Rs. 14.71 on the enlarged post-rights issue capital of Rs. 31.08 Crs (vs Rs. 20.61 YoY on lower capital). The company attributes the profit dip to higher promotional and brand-building spends for Chennai entry, incremental depreciation from capex, and new staff costs for upcoming outlets. Gold ornament volumes slipped 4% YoY due to steep gold price inflation, and same-store sales growth slowed to 6.83% (from 19.76%). The store count expanded to 64 (from 58), and liquid funds strengthened to Rs. 400 Crs.