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Gitanjali Gems consolidated net profit declines 51.51% in the September 2014 quarter

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Sales decline 17.73% to Rs 2471.11 crore

Net profit of Gitanjali Gems declined 51.51% to Rs 18.34 crore in the quarter ended September 2014 as against Rs 37.82 crore during the previous quarter ended September 2013. Sales declined 17.73% to Rs 2471.11 crore in the quarter ended September 2014 as against Rs 3003.70 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales2471.113003.70 -18 OPM %11.365.01 -PBDT32.3656.61 -43 PBT21.8748.50 -55 NP18.3437.82 -52

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First Published: Nov 15 2014 | 9:01 AM IST

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