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Kalyan Jewellers Q2 Profit Jumps 64% To Rs 427 Cr
GreyOak summary
Kalyan Jewellers reported a 63.9% year-on-year rise in consolidated net profit to Rs 427 crore for the September quarter, driven partly by a one-time gain of Rs 73.5 crore. Revenue from operations increased 31.4% to Rs 10,323 crore, while EBITDA grew 29.7% to Rs 644 crore. Operating margins remained flat at 6.2%, indicating that underlying earnings growth trailed revenue expansion.
What it affects
- Kalyan Jewellers IndiaKALYANKJILPositive +37
Profit jumped 64% to Rs 427 croreRolling sentiment Positive +76
Source
Read the original at NDTV ProfitMore Kalyan Jewellers India news
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