Thangamayil Jewellery Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 01, 2024 at 02:37 am EST
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Thangamayil Jewellery Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 8,946.3 million compared to INR 7,435.5 million a year ago. Revenue was INR 8,959 million compared to INR 7,445 million a year ago. Net income was INR 280 million compared to INR 137.7 million a year ago. Basic earnings per share from continuing operations was INR 10.21 compared to INR 5.02 a year ago. Diluted earnings per share from continuing operations was INR 10.21 compared to INR 5.02 a year ago.
For the nine months, sales was INR 28,456.1 million compared to INR 23,828.1 million a year ago. Revenue was INR 28,494.4 million compared to INR 23,843.6 million a year ago. Net income was INR 950.1 million compared to INR 487.1 million a year ago. Basic earnings per share from continuing operations was INR 34.62 compared to INR 17.75 a year ago. Diluted earnings per share from continuing operations was INR 34.62 compared to INR 17.75 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 
