Gitanjali Gems has reported results for third quarter ended December 31, 2014.
The company has reported 17-fold jump in its net profit at Rs 39.43 crore for the quarter ended December 31, 2014 as compared to Rs 2.31 crore for the same quarter in the previous year. Total income of the company increased by 48.07% at Rs 1872.41 crore for Q3FY15 as compared Rs 1264.54 crore for the corresponding quarter previous year.
On the consolidated basis the company’s net profit rose 90.27% to Rs 96.01 crore for the Q3FY15, as compared to Rs 50.46 crore in Q3FY14. The total income increased 30.62% to Rs 3604.69 crore in the quarter under review as compared to Rs 2759.6 crore in the corresponding quarter previous year.
