Starlineps Enterprises Q2: Diamond and jewelery trader Starlineps Enterprise Ltd has released its Q2 FY25 results. In the July-September quarter, the company’s net profit has increased more than double on an annual basis. The company has registered a net profit of Rs 3.25 crore during this period. The company said in a statement that this increase in net profit was seen due to higher income. The company’s shares saw a rise of 1.48 percent last Thursday and the stock closed at Rs 10.31 on BSE.
How were the results of Starlineps Enterprises?
The Surat-based company reported more than two-fold growth in revenue in the September quarter to Rs 24.43 crore, StarLineps Enterprise said in a statement. In the same period a year ago, this figure was Rs 9.07 crore.
The company has also announced a strategic investment in edtech platform Fusion Classroom EduTech and the acquisition of GenAI-powered platform CUR8. The company has recently incorporated a wholly owned subsidiary, Starlineps International Pvt. Ltd.
Performance of Starlineps Enterprises shares
Starlines Enterprise has a market cap of Rs 267.42 crore. The stock’s 52-week high is Rs 31.03 and 52-week low is Rs 9.41. In the last one month, the company’s shares saw a rise of about 4 percent. However, there has been a huge decline of 89 percent in the last 6 months. The company’s shares have fallen 90 percent so far this year. This stock has fallen 34 percent in the last 5 years.
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