Home / Business and Economy / Rolex Rings Sees Profit Plummet in March Quarter
Rolex Rings Sees Profit Plummet in March Quarter
16 May
Summary
- Rolex Rings' net loss was Rs 0.15 crore in March 2026 quarter.
- Sales increased by 7.68% to Rs 305.69 crore for the March 2026 quarter.
- Full-year net profit declined 18.91% to Rs 141.10 crore in fiscal 2026.
Rolex Rings has reported a net loss of Rs 0.15 crore for the quarter ending March 2026. This marks a significant downturn compared to the Rs 54.64 crore net profit earned in the same quarter of the previous year.
Despite the loss, the company's sales showed resilience, increasing by 7.68% to Rs 305.69 crore during the March 2026 quarter, up from Rs 283.89 crore in the prior year's quarter.
For the full fiscal year ending March 2026, Rolex Rings experienced an 18.91% decline in net profit, falling to Rs 141.10 crore from Rs 174.00 crore in the previous fiscal year.
Overall annual sales also saw a marginal decrease of 0.98%, amounting to Rs 1143.50 crore for the year ended March 2026, compared to Rs 1154.80 crore in the preceding year.
