15-Sept-2026 18:12:25
LALITHAA JEWELLERY MART LIMITED : EXPANDS RETAIL FOOTPRINT WITH 66TH SHOWROOM
• Lalithaa Jewellery Mart Limited has opened its 66th retail showroom in Mayiladuthurai, Tamil Nadu, located at No. 154, Pattamangala Street, Kamarajar Salai. • The brand is offering introductory discounts on gold value addition, gold coins, old gold exchange, and diamonds until September 30, 2026. • The company reported healthy revenue growth of 26% year-on-year during the quarter. • Retail footprint expanded from 61 to 66 stores since April 2026, with 5 new store additions. • Gold prices remained stable, reducing the contribution of gold price movements to profitability by over 90% year-on-year. • Underlying gross margin remained healthy, with core gross margin improving by 20 bps year-on-year.
Lalithaa Jewellery Mart Limited
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