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

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Capital Market

Sales decline 17.69% to Rs 608.74 crore

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

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First Published: May 19 2022 | 2:56 PM IST

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