For the quarter ending December 31, 2014, Tara Jewels recoded a drop in its net profits, and sales. Its consolidated total income from operations stood at Rs 502.01 crore, from Rs 505.44 crore in the corresponding quarter in 2013.

Net profit in the quarter of December 2014 stood at Rs 16.19 crore, down from net profit was Rs 22.05 crore in December 2013 quarter, reports say.