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Polished Markets
Shrenuj's 3Q Sales +60%, Profit +13%
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...
Polished Markets Feb 14, 2013 Dilipp S Nag
Indian Jewelers Record Rise in Festive Season Sales
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...
Retail Nov 20, 2012 Dilipp S Nag
Shrenuj's 2Q Sales +7%, Profit -2%
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...
Polished Markets Nov 12, 2012 Dilipp S Nag
Jewelry Sales India
Inflation Slams Indian Consumers Ahead of Festive Season
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...
Retail Oct 05, 2012 Dilipp S Nag
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