Flawless Diamond bags order worth Rs 38 crore

Flawless Diamond India has received order worth Rs 38 crore for it's newly launched series of Designer Diamond Jewellery namely "AUM Star, AUM Exquisite & AUM Bridal".

The Company has received this order due to its exclusive Designer Jewellery, quality & uniqueness of its designs & a track record of fulfillment of order within the stipulated time. The order has to be executed within 3 months.

The Company had recently launched 8 new series of Diamond Designer Jewellery.

The Company is very successful in marketing its branded & non branded jewellery in its retail outlets & with franchise model using traditional jewelers network. The Company has its own 18 retail chain of outlets across India and it is planning to open more retail outlets very soon.  

Recently, the company has reported earnings results for the quarter to September, 2007. For the quarter, the company announced 332% increase in net profit to Rs 5.49 crore. Its sales increased by 127% to Rs 136.19 crore.

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