ResultsCNBC-TV18
Kalyan Jewellers Q2 profit jumps 64% as India business grows 27%
GreyOak summary
Kalyan Jewellers reported a 63.6% year-on-year increase in consolidated net profit to Rs 427 crore for the September quarter. Revenue from operations rose 31.4% to Rs 10,323 crore, while India operations grew 27%. The company also reduced its gold metal loan debt to zero and sold non-core real estate assets.
What it affects
- Kalyan Jewellers IndiaKALYANKJILPositive +46
Q2 profit jumped 64% to Rs 427 crore.Rolling sentiment Positive +76
Source
Read the original at CNBC-TV18More Kalyan Jewellers India news
- Kalyan Jewellers Q2 profit up 62% on festive demandBusinessLine · Results ·
- Gold and silver rates decline across major citiesEconomic Times · Commodities & currency ·
- Kalyan Jewellers shares rally 8% to hit 52-week highMoneycontrol · Results ·
- ICICI Securities raises Kalyan Jewellers target to Rs 800Moneycontrol · Company update ·
- Kalyan Jewellers shares jump 15% as targets rise to Rs 900Economic Times · Stock view ·