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News Details

Bhakti Gems and Jewe Q3 net profit zooms 324.49% at Rs 2.08 cr

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15/01/2021 16:40
The company reported standalone net profit of Rs 2.08 crore for the quarter ended December 31, 2020 as compared to Rs 0.49 crore in the same period last year, registering a year-on-year growth of 324.49 per cent.

Net revenue of the company rose substantially by 36.13 per cent at Rs 20.61 crore in October-December quarter of this fiscal as against Rs 15.14 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 24.36 per cent to Rs 17.97 crore from Rs 14.45 crore in year ago period.





Operating Profit surged by 282.61 per cent to Rs 2.64 crore as against Rs 0.69 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 181.54 per cent in December quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.04 crore, while Taxation increased by 147.62 per cent at Rs 0.52 crore (Dec'19 Rs 0.21 crore).