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Shree Ganesh Jewellery reports 17% jump in Q3 net profit

16 Feb 2012 Evaluate

Shree Ganesh Jewellery House, one of the largest manufacturer-exporter of handcrafted gold jewellery in India, has clocked a 17.10% increase in its net profit to Rs 95.4 crore for the third quarter of FY12 as compared to Rs 81.5 crore crore in the corresponding period of FY11.

The total income in the same period has gone up by 131.10% to Rs 2862.5 crore as compared to Rs 1238.4 crore in the corresponding period of the previous fiscal.

Shree Ganesh Jewellery House is one of the largest manufacturers and exporters of handcrafted gold jewellery in India. Its  products include handcrafted and hallmarked gold jewellery, gold enameled jewellery and gold jewellery studded with precious stones such as diamonds, rubies, emeralds, sapphires, pearls, etc. and semi-precious stones such as garnet, cubic zirconium, etc.

Peers
Company Name CMP
Titan Co 4526.30
Kalyan Jewell.India 426.90
Rajesh Exports 125.34
Senco Gold 326.45
Thangamayil Jeweller 4205.90
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