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Kalyan Jewellers Q2 results: Net profit declines 3% to Rs 130 crore

Business Standard LogoBusiness Standard17h ago

Kalyan Jewellers Q2 results: Net profit declines 3% to Rs 130 crore - Business Standard

Quick Summary:

Jewellery retailer Kalyan Jewellers on Tuesday reported a 3.37 per cent decline in consolidated profit after tax (PAT) to Rs 130.32 crore during the September quarter.

Revenue from operations of the company witnessed a 37.39 per cent growth during the quarter under review at Rs 6,065.48 crore compared to Rs 4,414.53 crore in the same period of the previous year.

The company said there was a one-time loss of Rs 69 crore due to reduction in customs duty in India during the second quarter of FY25.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 16:13:42 (17 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 262 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23569403

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 307 posts per day

Year Established: 1975

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News Last Updated: 8 hours ago

Coverage Areas: India

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Publisher ID: #49

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