The investment segment gained 275% y-o-y to $59.2 million, mainly from the post-IPO valuation gain recorded on the GemLife shares.
Thakral has posted earnings of $170.9 million for the FY2025 period ended Dec 31, 2025. This is a five-fold jump from earnings of $28.8 million last year. This came on the back of a 42% y-o-y increase in total revenue (lifestyle segment and investment segment) to $411.3 million, with both segments showing meaningful growth.
The lifestyle segment gained 29% y-o-y to $352.1 million, led by consistent and strong demand for the group's premium lifestyle products across Greater China and South Asia. The group's lifestyle segment includes business in the spaces of beauty, drones and coffee.
