INDIAN JEWELLER

41st Indian Gem and Jewellery Awards honours gem and jewellery industry

Indian Gem and Jewellery Awards acknowledges various initiatives, innovations, and milestones and hardwork of fellow people of industry.

Post By : IJ News Service On 31 January 2015 11:07 PM
At the end of the three-month period closing September 30, 2010, diamond manufacturing company Shrenuj & Co. noted a 23 percent increase in its net profits that valued $3.3 million, reports say. In the said period, overall sales increased 52 percent to $135.7 million. The diamond unit saw sales rise by 82 percent to $110.4 million, but jewellery sales saw a 6 percent drop to $27.2 million. The company’s expenses increased 56 percent to $127.4 million. %% The company attributes the good performance to a comeback in the gem and jewellery market. In its strategy ahead, it plans a focus on emerging strong markets - China and India.

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