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Gitanjali Gems standalone net profit declines 40.19% in the June 2017 quarter

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Capital Market

Sales rise 89.43% to Rs 4277.75 crore

Net profit of Gitanjali Gems declined 40.19% to Rs 16.61 crore in the quarter ended June 2017 as against Rs 27.77 crore during the previous quarter ended June 2016. Sales rose 89.43% to Rs 4277.75 crore in the quarter ended June 2017 as against Rs 2258.17 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales4277.752258.17 89 OPM %1.883.05 -PBDT17.0628.02 -39 PBT13.6923.71 -42 NP16.6127.77 -40

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First Published: Aug 12 2017 | 5:28 PM IST

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