PC Jeweller Q3 net up by 19% at Rs 80 cr

Company had clocked a net profit of Rs 66.90 crore in the same period last year

PC Jeweller today posted 19% increase in net profit at Rs 79.98 crore for the third quarter ended on December 31, on account of higher sales.

It had clocked a net profit of Rs 66.90 crore in the same period last year, the company said in a BSE filing.

Net sales of the company during the October-December period increased to Rs 1,297.95 crore from Rs 1,018.33 crore in the same epriod in 2012-13.

The company got listed in December, 2012 after launching an initial public offer of about Rs 600 crore.

PC Jeweller has five jewellery manufacturing plants in Dehradun and Noida, had 30 retail stores till last fiscal.

Shares of the company were today down by 1.93 per cent at Rs 76.20 apiece on BSE today.