Uday Jewellery Industries Reports Strong Q3 Results with Significant Sales Growth

Feb 04 2025 05:35 PM IST
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Uday Jewellery Industries has reported strong financial results for the quarter ending December 2024, with net sales of Rs 98.92 crore, reflecting an 81.01% year-on-year growth. Key metrics, including Profit Before Tax and Profit After Tax, also showed significant increases, indicating robust operational efficiency and a solid financial position.
Uday Jewellery Industries has recently reported its financial results for the quarter ending December 2024, showcasing a notably positive performance. The company, operating within the Diamond and Gold Jewellery industry, has experienced a significant adjustment in its evaluation, reflecting a score change from 3 to 22 over the past three months.

The quarterly net sales reached Rs 98.92 crore, marking an impressive year-on-year growth of 81.01%. This figure represents the highest sales recorded in the last five quarters, indicating a robust near-term sales trend. Additionally, the Profit Before Tax less Other Income (PBT) stood at Rs 5.60 crore, with a year-on-year increase of 48.94%, also the highest in the past five quarters. Profit After Tax (PAT) followed suit, reaching Rs 4.54 crore, which is a 57.1% year-on-year growth and the peak for the last five quarters.

Furthermore, the Operating Profit (PBDIT) and Earnings per Share (EPS) also hit their highest levels in the last five quarters, at Rs 6.27 crore and Rs 2.01 respectively. These results highlight Uday Jewellery's strong financial position and operational efficiency.

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