Thakral Corporation has announced a significant financial performance for the third quarter of 2025, with revenue soaring 52% year-on-year to S$115.9m. The net profit attributable to shareholders reached S$19.5m, largely propelled by robust growth in its lifestyle and investment segments.
The lifestyle segment saw a 33% increase in revenue, totalling S$97.7m, thanks to strong demand in Greater China and South Asia. This growth was bolstered by an expanded brand portfolio, including Miu Miu Fragrances and Yuesai skincare products. Thakral’s exclusive distributorship with DJI also contributed, with plans to open 20-30 DJI stores across India and South Asia in the coming years.
In the investment segment, Thakral recognised a S$22.6m fair value gain from its 16.8% stake in GemLife, following its appreciation on the Australian Securities Exchange. Additionally, the divestment of the Yotsubashi Nakano Building in Osaka, Japan, resulted in a net gain of S$2m.
Inderbethal Singh Thakral, Group CEO and Executive Director, stated, “Our strong results this quarter underscore the continued momentum across both our Lifestyle and Investment segments.” He highlighted the strategic value unlocked by GemLife’s revaluation and the successful listing of The Beauty Tech Group on the London Stock Exchange.
Looking ahead, Thakral aims to deepen its presence in fast-growing markets like India, focusing on strategic partnerships and disciplined capital recycling to sustain growth and enhance shareholder returns. The financial uplift from The Beauty Tech Group’s IPO is expected to reflect in Thakral’s Q4 2025 results.
