Are Thangamayil Jew. latest results good or bad?

Thangamayil Jewellery has reported its financial results for the quarter ending March 2025, showcasing notable growth in several key metrics. The Profit After Tax (PAT) for the last six months reached Rs 79.59 crore, reflecting a Year on Year (YoY) growth of 41.52%. This indicates a strong performance in the company's profitability.
In terms of sales, Thangamayil achieved its highest quarterly net sales in the last five quarters, totaling Rs 1,380.73 crore. This figure represents a 22.2% increase compared to the average net sales of the previous four quarters, which was Rs 1,129.58 crore, highlighting a robust sales performance.

However, the quarterly results also reveal a decline in standalone net profit, which saw a QoQ change of -34.84% compared to the previous quarter's substantial growth of 376.32%. Additionally, the operating profit margin, excluding other income, decreased by 3.19%, indicating some challenges in maintaining profitability despite higher sales.

Furthermore, it is noted that the company experienced an adjustment in its evaluation over the past three months. Overall, while Thangamayil Jewellery's financial indicators reflect a solid performance in the competitive jewellery sector, there are areas that warrant attention, particularly regarding profitability trends in the latest quarter.