India's Ethos rises on quarterly profit jump

Ethos

13/05/2024 11:20

** Shares of Ethos  ETHO.NS  rose as much as 3.4% to 2,348
rupees; ends 1.9% higher 
    ** Indian watch retailer reports 58% rise in March-quarter
consol net profit at 210.3 million rupees ($2.5 million)
    ** ETHO rose for second straight session; had risen ~24% in
March-qtr, logging fourth straight quarterly gain
    ** Stock up ~11% YTD, had more than doubled in 2023 


($1 = 83.5101 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))