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Su-Raj Diamonds Profits +30% in 4Q

Jun 22, 2008 10:50 AM   By Avi Krawitz
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RAPAPORT... Diamond jewelry manufacturer Su-Raj Diamonds said that net profits rose 30.2 percent to INR 208.5 million ($4.86 million) in the fourth fiscal quarter 2007-08.

Net sales grew 68.6 percent to INR 7.44 billion ($173.49 million) for the three months ending March 31, 2008, Su-Raj reported to the Bombay Stock Exchange.

The India-based company said sales for the full fiscal year increased 45.3 percent to INR 22.81 billion ($532.05 million,) while expenses rose 47.2 percent to INR 22.06 billion.

Net profits for the fiscal year grew 32 percent to INR 632.4 million ($14.75 million.)
Tags: India, Jewelry
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