The company will launch 30 welfare showrooms and 15 candle showrooms in India during the current quarter.
Investors of the country’s well-known Kalyan Jewelers have got a big relief on Friday. The stock, which is continuously rolling, jumped around 13 percent at one time during the trading on 31 January. This fast has been seen after the third quarter of FY 2024-25 released by the company. According to PTI news, during this period, the company’s integrated benefits have recorded a rise of 21. 23 per cent. During the business today, the company’s stock once jumped 12.83 percent on BSE to 496. 80. It jumped 12.75 percent on NSE to Rs 496. 85.
What is going on in the afternoon
Kalyan Jewelers’ stock was trading at Rs 485 at Rs 485 at 12.33 pm after a brilliant rise in early trade. While NSE was traded by 10.18 percent to Rs 485.50.
Company’s total income increased by 40 percent
According to the news, Kalyan Jewelers recorded an increase of Rs 218.68 crore with a jump of 21.23 per cent in the net profit for the third quarter of FY 2024-25 on 30 January. The company recorded a net profit of Rs 180.37 crore a year ago in the same period. The company’s total income increased by 40 percent to Rs 7,318. Rs 19 crore during the December quarter of FY 2024-25, which was Rs 5,243 in the same period of a year ago.
The company will open 30 welfare showrooms
Kalyan Jewelers India Executive Director Ramesh Kalyanaraman said that we are very excited by the progress of the current year. Despite the fluctuations in gold prices, the current quarter has started good. We are excited about the ongoing wedding season. Hopefully the end of the financial year will be strong. The company is preparing to launch 30 welfare showrooms and 15 candle showrooms in India during the current quarter.
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