Thangamayil Jewellery Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 22, 2023 at 04:05 am EDT
Share
Thangamayil Jewellery Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 7,697.3 million compared to INR 6,087.4 million a year ago. Revenue was INR 7,715.4 million compared to INR 6,090.4 million a year ago. Net income was INR 310.3 million compared to INR 79.8 million a year ago. Basic earnings per share from continuing operations was INR 11.305 compared to INR 2.91 a year ago. Diluted earnings per share from continuing operations was INR 11.305 compared to INR 2.91 a year ago.
For the full year, sales was INR 31,525.5 million compared to INR 21,930.8 million a year ago. Revenue was INR 31,559 million compared to INR 21,947.5 million a year ago. Net income was INR 797.4 million compared to INR 385.5 million a year ago. Basic earnings per share from continuing operations was INR 29.065 compared to INR 14.045 a year ago. Diluted earnings per share from continuing operations was INR 29.065 compared to INR 14.045 a year ago.
Thangamayil Jewellery Limited is an India-based company that is primarily involved in the manufacturing and sale of Jewelry and other accessories and products. The Company is engaged in the business of gold jeweler, diamond and silver articles. It has a total of operating area of approximately 78,000 square feet, across all its 41 Thangamayil showrooms & 13 Thangamayil Plus exclusive silver showrooms. The Companyâs branches are located in Madurai, Rajapalayam, Sivakasi, Aruppukottai, Virudhunagar, Dindigul, Palani, Ottanchatram, Batlagundu, Theni, Cumbum, Karaikudi, Sivagangai, Ramnad, Tirunelveli, Tenkasi, Valliyoor, Sankarankovil, Thisayanvilai, Surandai, Tuticorin, Kovilpatti, Eral others. Its Exclusive Showroom for Silver is located in Tiruppuvanam, Devakottai, Sattur, Vadipatti, Manamadurai, Periyakulam, Kayalpattinam, Usilampatti, Ilayangudi, Keelakarai, Natham, Bodi and Vedasandur. It has also established a manufacturing unit in Madurai (Chinthamani).
THANGAMAYIL JEWELLERY LIMITED 
