Thangamayil Jewellery reports ₹344 crore Aadi Perukku sales, up 120% year on year
Thangamayil Jewellery said sales during the August 1–3 Aadi Perukku period reached ₹344.16 crore, versus ₹156.75 crore a year earlier. The festival update follows quarterly revenue growth of 71% and net-profit growth of 86%.
Thangamayil Jewellery reported Rs 344.16 crore in Aadi Perukku festival sales, up 119.55% year-on-year, extending strong momentum after quarterly profit and revenue growth of 86% and 71%. Its shares nevertheless fell about 5% amid a sharp recent sell-off.
Why this matters
The festival update extends Thangamayil Jewellery's recent growth pattern after Q1 revenue rose 71% and profit climbed 86%, despite an earlier warning that higher gold duty could weigh on early-Q2 demand.
Retail-company signals are accelerating, up 199414% QoQ.