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Starlineps Enterprise Ltd Standalone Net Profit in H1FY25 up 298 Percent Y-o-Y to Rs 6.10 crore
Surat (Gujarat) [India], November 18: Starlineps Enterprise Ltd (BSE: 540492), leading dealers of precious stones, have announced excellent operational and financial performance in Q2FY25 ended September 2024. For the six months that ended in September 2024 (H1FY25), on a standalone basis, the company reported a Net Profit of Rs 6.10 crore, a growth of 298% [...]
Surat (Gujarat) [India], November 18: Starlineps Enterprise Ltd (BSE: 540492), leading dealers of precious stones, have announced excellent operational and financial performance in Q2FY25 ended September 2024. For the six months that ended in September 2024 (H1FY25), on a standalone basis, the company reported a Net Profit of Rs 6.10 crore, a growth of 298% compared to Rs 1.54 crore in H1FY24. The company also reported revenue of Rs 41.70 crore, up by 225% compared to Rs 12.84 crore for the half-year that ended in September 2023. Company’s market capitalisation as on 14 November 2024 was Rs. 267.42 crore.
The company has reported a standalone Net Profit of Rs 3.25 crore, a growth of 167% compared to Net Profit of Rs 1.22 crore reported in Q2FY24. The company reported revenue of Rs 24.43 crore for Q2FY25, a growth of 169% compared to Rs 9.07 crore revenue in Q2FY24.
The company recently incorporated a wholly owned subsidiary, ‘Starlineps International Private Limited’, to carry on the Business of Goldsmiths, Silversmiths, Jewellers, Gem merchants, makers, hires, dealers, stockiest, agents, importers and exporters of bullion, diamond, pearls and precious stones, jewels, precious or semi-precious metals, ornaments and jewellery.
