Gitanjali Gem has reported results for third quarter ended December 31, 2012.
On consolidated basis, the company has reported 33.61% rise in its net profit at Rs 172.17 crore for the quarter as compared to Rs 128.86 crore for the same quarter in the previous year. However, total income from operation has increased by 26.29% at Rs 4377.41 crore for quarter under review as compared to Rs 3466.12 crore for the quarter ended December 31, 2011.
Gitanjali Group has operational presence starting from sourcing of rough diamond, cutting, polishing and distributing, to jewellery manufacturing, which includes designing, mould making, wading, casting, sprue grinding, filing, and polishing etc.
