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Ethos Ltd Q1FY24; 38% rise in Profits

Ethos Limited (“Ethos”) was incorporated on November 5, 2007 and promoted by KDDL Limited. Ethos is India’s largest luxury and premium watch retail player

Financial Results:

  • Ethos Ltd reported Revenues for Q1FY24 of ₹230.00 Crores up from ₹174.00 Crore year on year, a rise of 32.18%.
  • Total Expenses for Q1FY24 of ₹211.00 Crores up from ₹159.00 Crores year on year, a rise of 32.7%.
  • Consolidated Net Profit of ₹18.00 Crores up 38.46% from ₹13.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹7.70, up 42.33% from ₹5.41 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: retail
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