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Shrenuj's 3Q Sales +60%, Profit +13%
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Shrenuj & Co. Ltd. reported that third quarter group sales rose 60 percent year on year to $265.9 million (INR 14.30 billion) for the period that ended on December 31, with a strong performance at its...
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Polished Markets
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Feb 14, 2013
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Dilipp S Nag
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Indian Jewelers Record Rise in Festive Season Sales
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Indian jewelry retailers experienced an increase in festive season sales leading up to Diwali and they expect this trend to continue due to the ongoing wedding season. Dhanteras, an auspicious day for gold purchases in India, fell on November...
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Retail
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Nov 20, 2012
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Dilipp S Nag
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Shrenuj's 2Q Sales +7%, Profit -2%
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Shrenuj & Co. Ltd. reported that group sales rose 7 percent year on year to $151.5 million (INR 8.24 billion) during the second fiscal quarter that ended on September 30, 2012. Profit, however, declined...
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Polished Markets
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Nov 12, 2012
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Dilipp S Nag
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Inflation Slams Indian Consumers Ahead of Festive Season
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A majority of Indian consumers will be forced to cut spending this festive season in order to meet their monthly expenses as persistently high inflation eats away their disposal income, according to a survey conducted by ASSOCHAM.The survey on "High prices...
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Retail
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Oct 05, 2012
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Dilipp S Nag
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