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Flawless Diamond India Ltd., records growth
Enjoys a high after-tax profit
By: Diamond World News Service
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Jul 24 2007 12:00AM
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Reference: 1013  

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Flawless Diamond India Ltd. has witnessed a growth in its after-tax profit from Rs. Rs.5.33 million ($132,700) last year to 45.26 million ($1.13 million) in the first quarter of 2007.

Its retail venture Aum jewellery launched last year, currently retails through other stores. In an expansion mode, the company has also tied-up with Pallazio – a high-end jewellery and watch retailer. The company recorded a gross income of Rs.1,240.99 million ($30.9 million), rising from Rs. 366.1 million ($9.1 million) in the previous first quarter.

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