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India’s PC Jeweller Sees 3Q Revenue, Profit Soar
Jan 28, 2016 8:50 AM
By Rapaport News
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RAPAPORT... India-based PC Jeweller reported revenue on a standalone
basis jumped 20 percent year on year to $320.3 million (INR 21.8 billion) in
the third quarter that ended December 31 mainly because of surging domestic sales.
Net profit for the quarter soared 34 percent to $21.5 million.
Revenue from within India grew 22 percent to $233 million compared
with a year ago, while exports advanced by 13 percent to $87.4 million, the
online jewelry company said in a statement January 23.
During the nine months to December 31, revenue advanced 24
percent to $785.7 million and net profit jumped 25 percent to $47.3 million.
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Tags:
India, online retail, online sales, PC Jeweller, Rapaport News, retail
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