Mini Diamonds India Ltd — Updates, 18-06-2025: Company Update

Mini Diamonds (India) Limited has announced a board meeting on the financial results for the quarter and half-year. The company reported a 65% revenue growth to ₹405.57 Cr in FY 2024-25, driven by retail expansion, exports, and in-house manufacturing of lab-grown diamonds. Net profit stood at ₹3.30 Cr despite some quarterly fluctuations. Key highlights include launching a wholly owned retail subsidiary, Namra Jewels Pvt. Ltd., opening a flagship store in Mumbai, starting in-house manufacturing of polished lab-grown diamonds (0.5–10 carats), and expanding international presence via a strategic partnership in the Middle East. Lab-grown diamond sales surged from ₹6.57 Cr to ₹23.52 Cr, underscoring strong growth prospects.