trending Market Intelligence /marketintelligence/en/news-insights/trending/7fs2W4u0F6bpaY8fYc1ZRA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Gitanjali Gems fiscal Q1 profit falls YOY

An interview with Antony Jenkins, Founder & Executive Chairman, 10x Future Technologies

An interview with Nicolas Veron, Economist, Senior Fellow at Bruegel

An interview with Dan Frumkin, CEO, Metro Bank

Investment Banking: The Outlook, Market Share and Competitive Advantage


Gitanjali Gems fiscal Q1 profit falls YOY

Gitanjali Gems Ltd said its normalized net income for the fiscal first quarter ended June 30 was 1.48 Indian rupees per share, a decline of 42.2% from 2.55 rupees per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 138.8 million rupees, a decline of 41.5% from 237.3 million rupees in the prior-year period.

The normalized profit margin increased to 0.7% from 0.6% in the year-earlier period.

Total revenue decreased 47.1% year over year to 20.73 billion rupees from 39.19 billion rupees, and total operating expenses declined 51.0% year over year to 18.50 billion rupees from 37.78 billion rupees.

Reported net income decreased 71.1% year over year to 101.5 million rupees, or 1.08 rupees per share, from 351.3 million rupees, or 3.78 rupees per share.

As of Aug. 14, US$1 was equivalent to 60.85 Indian rupees.