Thangamayil Jewellery’s Q1 FY27 profit nearly doubles to ₹85 crore
Revenue rose 71% year-on-year to ₹2,666 crore, supported by 44% same-store sales growth across 66 outlets. Sequentially, revenue fell 6% and profit declined 41% as higher import duty, rupee depreciation and deferred gold purchases weighed on demand.
Thangamayil Jewellery nearly doubled Q1FY27 profit to ₹85 crore as revenue rose 71% to ₹2,666 crore. Despite strong YoY growth and 44% same-store sales growth, quarterly sales and profit fell amid higher import duty, rupee depreciation and deferred gold purchases.
Why this matters
The result follows signals that Thangamayil shares fell 10% despite 71% Q1 revenue growth and that Q1 profit rose 86%. It also comes after the company responded to a BSE price-volume query.
Retail-company signals are accelerating, up +401767% QoQ.