Mini Diamonds Reports Record Sales and Profits Amid Stock Evaluation Adjustment
Mini Diamonds (India) has reported strong financial results for the quarter ending December 2024, achieving record net sales of Rs 115.66 crore and the highest operating profit of Rs 2.33 crore in five quarters. The company also noted significant profits before and after tax during this period.
Mini Diamonds (India), a microcap company in the diamond and gold jewellery industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 13, 2025, indicate a very positive financial performance for the period. The company achieved its highest quarterly net sales at Rs 115.66 crore, reflecting a notable growth compared to the average net sales of the previous four quarters. This upward trend in sales has been consistent over the last five quarters. Additionally, Mini Diamonds (I) reported its highest operating profit at Rs 2.33 crore, along with a profit before tax of Rs 2.14 crore and a profit after tax of Rs 2.25 crore, all marking the highest figures in the same five-quarter span.
Despite these positive indicators, the stock's evaluation has experienced an adjustment, with the score moving from 29 to 28 over the last three months. This revision in its score highlights the dynamic nature of the company's financial assessment amidst its strong performance metrics.
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