Thangamayil Jewellery Limited — Important, 02-05-2025: General Updates

Thangamayil Jewellery has announced a board meeting on Akshaya Tritiya day sales. Revenue edged up to Rs 158.80 crore from Rs 157.28 crore, despite a 24.4% drop in gold volume sold (159.11 kg vs 210.52 kg), driven by a 34% jump in gold prices. Non-gold revenue rose 8% to Rs 11.17 crore, indicating an improved sales mix. Higher gold prices cushioned volume decline, resulting in steady sales on this crucial retail day.