Thangamayil Jewellery Share Price Jumps 43% in 2 Days on Record Sales and Strong Q2 FY26 Results

Thangamayil Jewellery share price continued to rally on Tuesday, rising nearly 19% to ₹3,093.30, marking a new all-time high. The stock has now gained over 43% in just 2 trading sessions, boosted by strong quarterly results and record October sales.

Thangamayil Jewellery Q2 FY26 Earnings 

The Tamil Nadu-based jeweller reported a net profit of ₹58.51 crore in the July–September quarter (Q2 FY26), a sharp recovery from a loss of ₹17.45 crore in the same period last year.

Revenue from operations rose 44.9% year-on-year to ₹1,710.9 crore, compared to ₹1,181.05 crore in Q2 FY25.

Record October Sales

In a regulatory filing, Thangamayil announced that October 2025 revenue jumped 178% YoY to ₹1,032 crore, surpassing the ₹1,000 crore monthly mark for the first time in its history. Gold ornament volumes also increased 77% to 764 kg, up from 432 kg a year earlier.

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Company Outlook

The company’s management said that while gold price volatility remains a challenge, its new Chennai metro outlets are performing strongly. The recent growth has significantly boosted investor confidence, pushing Thangamayil’s market value to record levels.

As of September 2025, promoters held a 61.56% stake in the company.

Conclusion

Thangamayil Jewellery’s impressive turnaround and record-breaking October performance highlight its strong retail momentum and growing presence in Tamil Nadu. Despite market challenges, the company’s focus on expansion and operational efficiency continues to reward shareholders.

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