Today, the stock market traded in limited volume throughout the day. Finally covered with green markings. The 30-share index of the BSE, the Sensex, opened 111 points higher at 51,128.80 and closed at 51115, up 97 points. At the same time, the National Stock Exchange’s Nifty opened at 15323 and closed at 15337 with a gain of 36 points. 16 stocks of the Nifty 50 closed with losses and 34 gains. Today, Nifty’s top gainers include Sreekment, State Bank, Bajaj Auto, Kotak Mahindra Bank and Tech Mahindra, while HDFC, ONGC, IOC, Bajaj Finance and Bharti Airtel are the top losers.
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PC Jeweler reported a net profit of Rs 59.59 crore in the fourth quarter.
PC Jewelers Ltd posted a consolidated net profit of Rs 59.59 crore in the fourth quarter of the financial year 2020-21. In a regulatory notice, the company reported a net loss of Rs 38.15 crore for the same quarter last fiscal. . Net income of the company declined to Rs 868.31 crore in the fourth quarter of the financial year 2020-21. 914.67 crore in the previous year.
PC Jewelers’ gross net profit declined by 25.30 per cent to Rs 62 crore in the financial year 2020-21 from Rs 83.04 crore in the previous financial year.
Total income of the company during the period fell to Rs 2,826.34 crore from Rs 5,206.77 crore. The Board of Directors of the Company has reappointed Balaram Garg as Managing Director of the Company for a further five years beginning July 1 this year.
