SRS Jewells whooping results
SRS Jewells, the flagship brand of SRS limited, has announced the results of last financial year (2011-2012) in which the turnover of the company has touched Rs 1800 crore mark. The company also stated that it is growing at a CAGR of approximately 25%. SRS limited, which earlier gave the commitment to boost its strength in the market, has taken a step forward by launching wholesale outlets of SRS Jewells in Mumbai (Zaveri Bazar) and Ahmedabad. Dr. Anil Jindal, Chairman, SRS Group, said, “The jewellery vertical has proved itself to be our top performing business in terms of revenues, profitability and growth potential. SRS Jewells is spreading its footprint to newer geographies and building a formidable reputation for itself in the markets it operates in. This has been the result of a strategy to position the brand distinctly in the marketplace through creating an aura of trust and excellence in service.” SRS Ltd. is an integral part of the Rs.3500 crore SRS Group, one of India's leading conglomerates with business interests in retail, multiplex cinemas, jewellery, fashion wear and food and beverages.