Kalyan Jewellers India's (NSE:KALYANKJIL, BOM:543278) consolidated attributable net profit rose to 2.64 billion Indian rupees in the fiscal first quarter ended June 30, against 1.78 billion rupees a year ago.
Earnings per share came in at 2.56 rupees compared with 1.72 rupees a year earlier, the jeweler said in a filing to the Indian bourses on Thursday.
The company's shares plunged over 7% in recent trade on Friday.
Revenue from operations in fiscal Q1 increased to 72.7 billion rupees from 55.3 billion rupees a year earlier.