Leading jewelry brand PC Jeweller Limited (PCJ) announced its results for the July-September 2013-2014 fiscal year. The company reported a net profit of Rs 1.028 billion for the second quarter of fiscal year 2014, and net sales amounted to Rs 11.1113 billion.
The company's top line was occupied by the internal turnover of Rs 6.8655 billion, while exports amounted to Rs 4.2518 billion. The company's profit before deduction of financial expenses and extraordinary expenses item equals Rs 1.5609 billion for the second quarter of 2014 fiscal year, and earnings per share Rs 5.74.
Speaking about quarterly performance, Mr. Balram Garg, Managing Director of PC Jeweller Ltd, said: "The second quarter is usually not profitable for selling jewelry inside the country, and we tried to improve our performance in this modest season by participating in many prestigious events in people's lives and in the fashion world.