trending Market Intelligence /marketintelligence/en/news-insights/trending/ggSVCSpdmmp7vBz7GMiSIQ2 content esgSubNav
In This List

Shukra Jewellery fiscal Q1 profit climbs YOY

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


Shukra Jewellery fiscal Q1 profit climbs YOY

Shukra Jewellery Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to 263,130 rupees, a gain from 121,880 rupees in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin climbed to 0.3% from 0.2% in the year-earlier period.

Total revenue increased 50.5% year over year to 81.4 million rupees from 54.1 million rupees, and total operating expenses climbed 50.2% year over year to 81.0 million rupees from 53.9 million rupees.

Reported net income rose on an annual basis to 421,000 rupees, or 3 paise per share, from 195,000 rupees.

As of July 31, US$1 was equivalent to 63.88 Indian rupees.