Gitanjali Gems has reported results for second quarter ended September 30, 2015.
The company has reported 130.71% rise in its net profit at Rs 18.98 crore for the quarter ended September 30, 2015 as compared to Rs 8.23 crore for the same quarter in the previous year. The company’s total income has increased by 15.34% to Rs 1758.19 crore for the quarter under review from Rs 1524.40 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported over two fold jump in its net profit after taxes, minority interest and share of profit / (loss) of associates of Rs 42.21 crore for the quarter ended September 30, 2015 as compared to Rs 18.34 crore for the same quarter in the previous year. Total income of the company has increased by 41.93% at Rs 3469.92 crore for quarter under review as compared to Rs 2444.86 crore for the quarter ended September 30, 2014.