Renaissance Jewellery Ltd Q2 net profit rises to Rs. 21.95 crores

RENAISSANCE JEWELLERY LTD. has reported financial results for the period ended September 30, 2018.

The company has reported net sales of Rs.596.48 crores during the period ended September 30, 2018 as compared to Rs.384.18 crores during the period ended September 30, 2017.

The company has posted net profit of Rs.21.95 crores for the period ended September 30, 2018 as against Rs.16.92 crores for the period ended September 30, 2017.

The company has reported EPS of Rs.11.63 for the period ended September 30, 2018 as compared to Rs.9.06 for the period ended September 30, 2017.

The company has reported net sales of Rs.1053.79 crores during the 6 months period ended September 30, 2018 as compared to Rs.761.90 crores during the 6 months period ended September 30, 2017.

The company has posted net profit of Rs.33.64 crores for the 6 months period ended September 30, 2018 as against Rs.25.82 crores for the 6 months period ended September 30, 2017.

The company has reported EPS of Rs.17.89 for the 6 months period ended September 30, 2018 as compared to Rs.13.80 for the 6 months period ended September 30, 2017.

Financials	Q2 FY18-19	Q2 FY17-18	% Change	H1 FY18-19	H1 FY17-18	% Change
Total Income	₹ 596.48 crs	₹ 384.18 crs	55.26%	₹ 1053.79 crs	₹ 761.90 crs	38.31%
Net Profit	₹ 21.95 crs	₹ 16.92 crs	29.73%	₹ 33.64 crs	₹ 25.82 crs	30.29%
EPS	₹ 11.63	₹ 9.06	28.37%	₹ 17.89	₹13.80	29.64%

Shares of RENAISSANCE JEWELLERY LTD. was last trading in BSE at Rs.326.65 as compared to the previous close of Rs. 308.3. The total number of shares traded during the day was 24873 in over 186 trades.

The stock hit an intraday high of Rs. 333 and intraday low of 311. The net turnover during the day was Rs. 8016344.

Source : Equity Bulls

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