Gitanjali Gems net profit declines 94.82% in the September 2013 quarter

Sales rise 2.82% to Rs 2304.84 crore

Net profit of Gitanjali Gems declined 94.82% to Rs 4.06 crore in the quarter ended September 2013 as against Rs 78.33 crore during the previous quarter ended September 2012. Sales rose 2.82% to Rs 2304.84 crore in the quarter ended September 2013 as against Rs 2241.60 crore during the previous quarter ended September 2012. ParticularsQuarter EndedSep. 2013Sep. 2012% Var.Sales2304.842241.60 3 OPM %4.004.86 -PBDT5.4579.19 -93 PBT4.2178.32 -95 NP4.0678.33 -95

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