Shares of jewellery maker Senco Gold tumbled over 3% to their day's low of Rs 338 on the NSE on Wednesday even as it reported a net profit of Rs 157 crore in the March quarter, a sharp jump of 151% from Rs 62.4 crore posted in the same period last year.
The company’s revenue from operations came in at Rs 1,996.7 crore, marking a gain of 45% from Rs 1,377.7 crore in the year-ago period, Senco Gold’s investor presentation showed. EBITDA margin also improved sharply, up 450 basis points to 13.7% from 9.2% posted in the same quarter last year.
