{"id":1783,"date":"2012-11-09T11:18:24","date_gmt":"2012-11-09T11:18:24","guid":{"rendered":"http:\/\/www.franchisemart.in\/franchise\/?p=1783"},"modified":"2012-11-09T11:28:00","modified_gmt":"2012-11-09T11:28:00","slug":"gitanjali-q2fy13-net-sales-up-32","status":"publish","type":"post","link":"https:\/\/www.franchisemart.in\/franchise\/gitanjali-q2fy13-net-sales-up-32\/","title":{"rendered":"Gitanjali Q2&#8217;FY13 net sales up 32%"},"content":{"rendered":"<p><a href=\"http:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2012\/11\/Gitanjali-Groups-new-logo1-628x2501.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2012\/11\/Gitanjali-Groups-new-logo1-628x2501.jpg\" alt=\"\" title=\"Gitanjali-Groups-new-logo1-628x250\" width=\"628\" height=\"250\" class=\"aligncenter size-full wp-image-1785\" srcset=\"https:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2012\/11\/Gitanjali-Groups-new-logo1-628x2501.jpg 628w, https:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2012\/11\/Gitanjali-Groups-new-logo1-628x2501-300x119.jpg 300w\" sizes=\"auto, (max-width: 628px) 100vw, 628px\" \/><\/a>For 6 months ended Sept 30, 2012, the company achieved Net Sales of Rs. 7,313 cr vs. Rs. 5,548 cr in the corresponding period last year, registering a growth of 32%. The company\u2019s net profit increased to Rs.301 cr, as against Rs. 256 cr, achieving a growth of 18% on a YoY basis.<\/p>\n<p>Consequently, EBIT for H1FY\u201913 was Rs. 532 cr, a growth of 24% over H1\u2019FY12 .<br \/>\nEarnings per Share (Diluted) for H1FY\u201913 stood at Rs. 33 as compared to Rs. 27 for the corresponding period last year, achieving a growth of 26%.<\/p>\n<p>Commenting on the performance, Mr. Mehul Choksi, Chairman and Managing Director, Gitanjali Gems Ltd. said, \u201cStable gold prices have driven volumes during the quarter in India. With the upcoming Diwali and marriage seasons we are expecting better sales.\u201d Mr. Choksi further added, \u201cWe have also been working on re\u2010aligning our business to unlock value for stakeholders.\u201d<\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Fgitanjali-q2fy13-net-sales-up-32%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"excerpt":{"rendered":"<p>For 6 months ended Sept 30, 2012, the company achieved Net Sales of Rs. 7,313 cr vs. Rs. 5,548 cr in the corresponding period last year, registering a growth of&#8230; <a class=\"meta-more\" href=\"https:\/\/www.franchisemart.in\/franchise\/gitanjali-q2fy13-net-sales-up-32\/\">Read more <span class=\"meta-nav\">&raquo;<\/span><\/a><\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Fgitanjali-q2fy13-net-sales-up-32%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,5],"tags":[],"class_list":["post-1783","post","type-post","status-publish","format-standard","hentry","category-news","category-retail-news","entry"],"_links":{"self":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/1783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/comments?post=1783"}],"version-history":[{"count":1,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/1783\/revisions"}],"predecessor-version":[{"id":1789,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/1783\/revisions\/1789"}],"wp:attachment":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/media?parent=1783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/categories?post=1783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/tags?post=1783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}