India's Radhika Jeweltech rises on Q3 profit jump

Radhika Jeweltech

17/01/2025 08:28

** Shares of Radhika Jeweltech  RDHI.NS  rise
exchange-allowed maximum of 5% to 104.52 rupees
    ** Jewellery retailer on Thursday reported 45.1% Y/Y rise in
Q3 net profit, rev from ops rose 17.2% Y/Y
    ** Analysts expected a strong performance in Q3 from jewelry
companies on the back of the wedding season
    ** Larger peer Titan Company  TITN.NS  said last week it
sees 24% Y/Y rise in Q3 revenue
    ** RDHI rose 124.7% in 2024 




 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))