Golkunda Diamonds’ net profits slip 28% in March quarter

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 Golkunda Diamonds’ net profits slip 28% in March quarterFor the three months closing March 31, 2015, Golkunda Diamonds Jewellery noted a 34.62 percent drop in its sales (on y-o-y basis) to Rs 24.08 crore (36.83 crore: quarter closing March 2014), as per reports. Net profits slipped 28.03 percent fall (on y-o-y basis) to value Rs 0.95 crore (Rs 1.32 crore: quarter closing March 2014), reports say.

In the entire year closing March 31, 2015, net profit dropped 60.20 percent to Rs 2.01 crore in the year ended March 2015 and sales fell 21.97 percent to Rs 93.49 crore in the said 12 months, as per reports.



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