Suashish Diamonds Ltd., has announced financial results for the first quarter ending 30 June 2008, with an increase in its turnover. Net sales took a flight with 26.48 percent, valuing to Rs. 230.91 crores, whereas last year in the same quarter it was Rs 182.56 crores. PAT was worth of Rs.18.99 crores, while last year it amounted to Rs 26.32 crores for the same quarter. %% The company is happy with its increasing financial results, despite the slowdown in the US, till now the dominating country for consumption and sales of gems and jewellery.