Ghanasingh Be True Unveils The “Akshaya Tritya" Collection

Fine Jewellery label GHANASINGH BE TRUE, unveils the collection for 'Akshaya Tritya.'

Post By : IJ News Service On 07 March 2015 6:12 PM
Group sales for Su-raj Diamonds & Jewellery Limited, a leading jewellery manufacturing company, increased 34 percent to $216.1 million on y-o-y basis, for the third fiscal quarter ending December 31, 2010. The period also saw a 45 percent thrust in its jewellery sales amounting to $176.2 million. %% Diamond sales also increase, even though by a marginal 1 percent to value $40.1 million, and this division’s earnings before interest and taxation (EBIT) was up 4 percent to $1.2 million. The jewellery unit recorded EBIT of $7 million, indicating a 60 percent rise over the same in the third fiscal quarter of 2009. The company’s profits rose almost twice to $6.6 million, while in the nine month period ending December 31, 2010, it was up 97 percent to $17.4 million. The sales in this period rose 25 percent to $472.6 million. %% The company delves in manufacturing of diamond and studded jewellery using platinum, gold and silver. It prides itself in a strong resource base of an in-house design team offering creativity from ethnic to modern designs, state-of-the-art manufacturing set up and diamonds sourced from its own factories. Besides a wide reach in key markets of the world, it has an extensive network that spans the country.

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