Starlineups Enterprises reports a significant increase in Q2 profit driven by higher revenue, strategic investments, and acquisitions.
Mumbai, Nov 16 (PTI) Diamonds and jewellery trader Starlineps Enterprise Ltd has reported more than two-fold jump in net profit to Rs 3.25 crore for the July-September quarter of 2024-25 compared to the year-ago period on higher income, according to a statement.
The Surat-based company posted more than two-fold rise in revenue to Rs 24.43 crore for the September quarter of FY25 compared to Rs 9.07 crore revenue in the year-ago period, Starlineps Enterprise said in the statement.
The Surat-based wholesale and retail trader of diamonds and jewellery also announced a strategic investment in EdTech platform Fusion Klassroom Edutech and acquisition of GenAI-powered platform CUR8.
The company recently incorporated a wholly-owned subsidiary, Starlineps International Pvt Ltd.
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