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Thangamayil Jewellery standalone net profit declines 41.96% in the March 2022 quarter

20-05-2022   11:5 AM

Net profit of Thangamayil Jewellery declined 41.96% to Rs 7.98 crore in the quarter ended March 2022 as against Rs 13.75 crore during the previous quarter ended March 2021. Sales declined 17.69% to Rs 608.74 crore in the quarter ended March 2022 as against Rs 739.56 crore during the previous quarter ended March 2021.

For the full year,net profit declined 55.49% to Rs 38.54 crore in the year ended March 2022 as against Rs 86.58 crore during the previous year ended March 2021. Sales rose 20.59% to Rs 2193.07 crore in the year ended March 2022 as against Rs 1818.62 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales608.74739.56 -18 2193.071818.62 21 OPM %3.453.82 -4.018.21 - PBDT13.4621.90 -39 61.67126.44 -51 PBT10.4419.41 -46 52.02116.97 -56 NP7.9813.75 -42 38.5486.58 -55.

Courtesy: Business Standard

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Kalyan Jewellers launches new showroom in Aurangabad

29-06-2022   11:50 AM

Kalyan Jewellers, one of India’s largest jewellery companies, today launched its brand new showroom in Aurangabad. The new and luxurious showroom located at Sagar Trade Center, Opp. Akashvani, Jalna Road, Aura...

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Kalyan Jewellers launches new showroom in Kolhapur

29-06-2022   11:45 AM

Kalyan Jewellers, one of India’s largest jewellery companies, today launched its brand new showroom in Kolhapur. The new and luxurious showroom located at Martand Complex, Shahupuri, Venus Complex, Kolhapur ma...

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Tanishq UAE expansion on track with 4th Showroom Opening in Dubai

29-06-2022   11:40 AM

India’s most trusted jewellery brand is now open in the lively, multicultural neighbourhood of Karama. Residents who live and work in the vicinity can enjoy Tanishq’s superior craftsmanship, exclusive desig...

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Rural gold demand dips as spend on farm inputs rises

29-06-2022   11:35 AM

As farmers are spending more on seeds, agrochemicals and other farm activities for the ongoing kharif season, rural demand for gold slipped by a quarter in June and the trend is likely to continue in July, ind...

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LVMH takes centuries-old artisan skills stateside with inclusive recruitment approach

29-06-2022   11:30 AM

The French luxury conglomerate is launching its Institute of Métiers d'Excellence artisan training programme in the US, teaching jewellery skills to the next generation with Tiffany. LVMH is expanding its a...

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Senco Gold & Diamonds Rolls out PRIDE Special Campaign #WearYourPride To Encourage LGBTQ+ Community

29-06-2022   11:25 AM

Senco Gold and Diamonds has launched the #WearYourPride campaign to encourage LGBTQ+ community and to celebrate equal rights for all genders. To promote inclusivity during the PRIDE Month, Senco Gold and Diamo...

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