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Shree Ganesh Jewellery reports over three-fold jump in Q4 net profit

25 May 2012 Evaluate

Shree Ganesh Jewellery House (SGJHL) has reported over three-fold jump in its net profit to Rs 160.26 crore for the fourth quarter ended March 31, 2012 as compared to Rs 47.63 crore in the same period of previous fiscal.

The total income from operation of the company stood at Rs 1266.79 crore for the fourth quarter ended March 31, 2012, against Rs 1118.22 crore in the same period of previous fiscal, up by 13.29%.

For the year ended March 31, 2012, the company posted a rise of 11.26% in its net profit of Rs 293.58 crore against Rs 263.86 crore in 2010-11. The total income from operation of the company rose 25.76% to Rs 6593.61 crore for the year ended March 31, 2012, compared to Rs 5243.15 crore in 2010-11.

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