Gitanjali Q2 net profit up 40 pc at Rs 63 cr

Updated: Tue, Nov 14, 2017
06:58 pm
PTI
RELATED NEWS
Govt gets 61% revenue boost from excise in FY21 Govt gets 61% revenue boost from excise in FY21
GST Revenue collection for July 2021 – 33% YoY jump at Rs 116,393 cr; 51% growth for Maharashtra; 54% growth for Odisha-highest among top contributors GST Revenue collection for July 2021 – 33% YoY jump at Rs 116,393 cr; 51% growth for Maharashtra; 54% growth for Odisha-highest among top contributors
U.S. budget deficit soars to USD 2.24 trn in first 9 months of fiscal year 2021 U.S. budget deficit soars to USD 2.24 trn in first 9 months of fiscal year 2021

Gitanjali Gems today posted a 40.18 per cent jump in its consolidated net profit at Rs 63.80 crore in the September quarter of the current fiscal.

The company's net profit stood at Rs 45.51 crore in the year-ago period, Gitanjali Gems said in a regulatory filing.

Its total income declined marginally to Rs 3,902 crore in the July-September period of the 2017-18 fiscal from Rs 3,997.75 crore in the year-ago period.

However, expenses remained lower at Rs 3,832.79 crore in the second quarter of this fiscal as against Rs 3,952.73 crore in the same period last year.

Shares of the company fell 1.19 per cent to close at Rs 70.65 apiece on NSE today.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.