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Radhika Jeweltech Ltd Q1FY24; 40% rise in Profits

Incorporated in 2016, Radhika Jeweltech is engaged in the business of trading of Gold & Diamond Jewelry and ornaments.

Financial Results:

Radhika Jeweltech Ltd reported Revenues for Q1FY24 of ₹108.00 Crores up from ₹61.00 Crore year on year, a rise of 77.05%.

Total Expenses for Q1FY24 of ₹90.00 Crores up from ₹48.00 Crores year on year, a rise of 87.5%.

Consolidated Net Profit of ₹14.00 Crores up 40.0% from ₹10.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.17, up 34.48% from ₹0.87 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: jewellery
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