Tamil Nadu based retail jewellery chain Thangamayil Jewellery has raised its full-year revenue target to ₹7,000 crore for FY26, up from its earlier guidance of ₹6,000 crore.
Thangamayil Jewellery shares jumped over 17% today to ₹3,055.30 apiece after the company reported a strong second quarter and said the third quarter has also started on a strong note.
SM Lakshmanan, VP–Finance & Accounts at Thangamayil Jewellery , said, “Thangamayil Jewellery has achieved a turnover of ₹3,260 crore for the first half of the financial year 2026, registering a year-on-year retail revenue growth of 36%. In terms of volume, gold is down 1%, silver is up 16%, and diamond sales have increased by 20%. As far as the third quarter is concerned, it has started on a very strong note.”
Despite some softness i

CNBC-TV18

AlterNet
ABC News Video
FOX News
The Fashion Spot
People Top Story
ABC30 Fresno Sports