Gitanjali Gems net profit declines 96.45% in the December 2013 quarter

Sales decline 48.47% to Rs 1264.55 crore

Net profit of Gitanjali Gems declined 96.45% to Rs 2.32 crore in the quarter ended December 2013 as against Rs 65.40 crore during the previous quarter ended December 2012. Sales declined 48.47% to Rs 1264.55 crore in the quarter ended December 2013 as against Rs 2453.89 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales1264.552453.89 -48 OPM %9.985.04 -PBDT3.6966.36 -94 PBT2.4965.45 -96 NP2.3265.40 -96

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