India's Senco Gold rises on Q1 profit jump

Tribhovandas Bhimji Zaveri

13/08/2024 08:33

** Shares of jewellery retailer Senco Gold  SENC.NS  rise
8.8% to 1,126.95 rupees, set for best day in nearly four months
    ** Co reports Q1 consolidated net profit of 512.7 mln
rupees, up 85% from a year ago
    ** Revenue rose 7.5% to 14.04 bln rupees, while expenses
rose 5.3% to 13.45 bln rupees
    ** More than 633,000 shares change hands, 2x the 30-day avg
    ** Stock up 64% YTD vs ~34% rise in rival Tribhovandas
Bhimji Zaveri  TBZL.NS 

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