Rolex Rings (ROLEXRINGS) Q2 24/25 earnings summary

Executive summary

• Standalone unaudited financial results for the quarter and half year ended September 30, 2024, were approved by the Board on November 7, 2024.

• Independent auditor's review found no material misstatements in the financial statements.

Financial highlights

• Revenue from operations for Q2 FY25 was ₹3,002.72 million, compared to ₹3,207.77 million in Q2 FY24.

• Net profit after tax for Q2 FY25 was ₹492.62 million, compared to ₹469.63 million in Q2 FY24.

• EPS for Q2 FY25 stood at ₹18.09, up from ₹17.24 in Q2 FY24.

• Total comprehensive income for H1 FY25 was ₹992.31 million, compared to ₹954.55 million in H1 FY24.

Outlook and guidance

• Management continues to monitor the impact of the Right of Recompense (ROR) provision and will consider any consequential effects in future financial statements.