Motisons Jewellers Ltd. (BSE: 544053, NSE: MOTISONS), a leading player in the jewelry industry, has announced that the board will consider the proposal for raising of funds to augment the financial resources of the Company, by issuance of equity shares, convertible instruments, any other securities by any of the permissible means, in one or more tranches as may be decided by the Board, subject to such regulatory / statutory approvals as may be required including the approval of shareholders of the Company.
Earlier, the company reported its earnings for the quarter ended 30 June 2024. The Company reported its Revenue from operations at Rs. 88.71 Cr. The Operating profit came in at Rs. 10.71 Cr. PAT was reported at Rs. 6.33 Cr. EPS came in at Rs. 0.64 per share.
Motisons Jewellers Ltd. is a prominent player in the jewelry retail industry, with a rich history spanning over two decades. It specializes in the sale of a diverse range of jewelry, including gold, diamond, kundan, and an array of other precious and semi-precious stones. Additionally, the company offers a variety of other products, such as pearl, silver, platinum, and other metals, as well as gold and silver coins, utensils, and other artifacts.
With a proven track record of approximately 25 years, Motisons Jewellers has experienced significant growth and has firmly established its brand, ‘partywear, jewelle Motisons.’ The company prides itself on offering a wide-ranging collection that includes antique-finished, pearl, kundan, and diamond jewelry. A key strength of Motisons Jewellers lies in the diversity of designs created by its skilled jewelry designers, who continuously develop unique and specialty designs to cater to the latest customer tastes and preferences.
Motisons Jewellers’ extensive product portfolio comprises over 300,000 designs, covering a wide range of price points. The company’s offerings cater to various occasions, including weddings, personal milestones, fashion events, festivals, and daily wear, as well as specific collections for children and men.