Profit rises 0.79% at Palm Jewels in FY2018-19

Total revenue in FY2018-19 rose to Rs.41.91 Crore as against Rs.21.55 Crore in a year-ago period at Palm Jewels

Ahmedabad headquartered Palm Jewels Limited stated net profit of Rs.8.84 Lakh for the year that ended on 31st March 2019 against Rs.8.77 Lakh in the previous year.

The company engaged in the wholesaling of gold jewellery, suffered Rs.6.10 Lakh net loss in the second half of Fiscal Year 2018-19.

As per reports published by Mr. Rohitbhai D. Shah, Managing Director of Palm Jewels Limited, the annual PBT reached Rs.11.57 Lakh compared to Rs.12.61 Lakh in a year-ago fiscal. In HY ended 31.3.2019, loss before tax was Rs.9.31 Lakh

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