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Su-Raj Diamonds Ltd  

 

Background

Su-Raj Diamonds and Jewellery Ltd (Formerly known as - Su-Raj Diamonds (India) Ltd), incorporated in Sep 1985, is a Public Limited Company. In 1986, the company offered its shares to the public and became the first company in the Industry that opted for a public issue in India. Later in 2002, the company acquired its current name. Su-Raj Diamonds is engaged in manufacturing and export of diamonds and gold jewellery.

Company Profile

Su-Raj Diamonds operates through two segments – Diamond and Gold jewellery. The company’s business is directed towards manufacturing and export of gold, silver & platinum jewellery studded with diamonds, colour stones and semi precious stones. The company also engages in buying and selling of rough and polished diamonds. In India, it controls seven facilities which are located across Karnataka, Goa, Gujarat, WB, Kerala, TN and Rajasthan. In the international markets, the company operates through subsidiaries viz. Su-Raj Diamonds & Jewellery DMCC, Su-Raj Diamonds & Jewellery USA, Inc, and Su-Raj Diamond

(H.K.) Ltd etc. Apart from these, the company also has its international presence in Belgium, UAE, Thailand and Europe. The company registered revenue of Rs 2.42 bn in FY09. For the third quarter ended Dec 09, Su-Raj Diamonds and Jewellery Ltd posted net revenues of Rs 7.33 bn, a growth of 24.2% as compared to same quarter of 2008. It also reported a 464% (y-o-y) rise in net profits to Rs 140.6 mn. The studded jewellery segment represented approximately 75% of the revenues of the company.
 
 
 
Selection of Companies based on D&B's 'India's Top 500 Companies 2008'