Gitanjali Gems, a manufacturer and retailer of jewellery, reported a 65% rise in net profit at Rs 132.2 crore for the quarter ended September 2011. It was Rs 80 crore in the same period a year ago.
Total income too rose 26% to Rs 3,170 crore as against Rs 2,511 crore in September 2010.
During afternoon trade on Bombay Stock Exchange the company's stock was up 1.5% at Rs 355.
