RattanIndia Enterprises Q1 results: Net profit up three-fold at Rs 851 cr ...Middle East

RattanIndia Enterprises on Tuesday reported over three-fold year-on-year jump in its net profit to Rs 851 crore in three months to June 2024. The company had posted a profit after tax of Rs 178 crore in the first quarter of FY24, RattanIndia Enterprises said in a statement. Its revenue from operations grew 70 per cent to Rs 2,494 crore from Rs 1,472 crore a year ago, it added. The company said it is driving the e-commerce business as one of the largest sellers on Amazon India through its wholly-owned subsidiary Cocoblu Retail Ltd. The revenue of Cocoblu Retail Ltd for Q1 FY25 stood at Rs 1,444 crore, up 19 per cent year-on-year from Rs 1,212 crore in the same quarter of the year earlier, it

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