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Kalyan Jewellers Q2 Results: Net profit rises 27% YoY on strong domestic demand
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Kalyan Jewellers India reported a 27.1% rise in its second-quarter profit on Tuesday, helped by rising domestic demand for its ready-to-wear jewellery line and increased traffic at stores ahead of the festive season. Consolidated net profit rose to 1.35 billion rupees ($16.23 million) from 1.06 billion rupees year ago for the three-months ended Sept.
30. Its India operations, the biggest in terms of revenue contribution, saw revenue grow about 32%.
Its Middle East operations saw a 5% jump in revenue as Eid holidays drove sales. "Exciting news! Mint is now on WhatsApp Channels
. Read more on livemint.comAbout this in other media
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Adani Ports Q2 Results: Net profit rises 4.2% to ₹1,748 crore, revenue up 27% YoY livemint.com /1 year ago
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