The company achieved volume growth despite a sharp rise in gold prices. Gold sales volume increased 15.14% YoY to 183.20 kg, up from 159.11 kg in the previous year, even as gold prices rose around 59% during the period.

Non-gold revenue also registered robust growth, rising 61% to Rs 17.99 crore, compared with Rs 11.17 crore in the previous year.

Thangamayil Jewellery is engaged in the business of gold jewellery, diamond and silver articles.

The company’s standalone net profit zoomed 121% to Rs 106.49 crore on 112.2% rise in revenue from operations to Rs 2,401.21 crore in Q3 FY26 over Q3 FY25.

Shares of Thangamayil Jewellery rose 0.29% to Rs 4,141.90 on the BSE.