Suashish Diamonds ends June quarter with net profit of Rs 18.65 crore

At the end of the quarter closing June 30, 2010, leading Indian diamond and diamond jewellery manufacturer Suashish Diamonds reached a net profit worth Rs 16.88 crore, which was 9.49 percent less than its Rs 18.65 crore net profit in the corresponding three months of 2009. The company however, accounted around 5.4 percent rise in sales turnover to Rs 254.10 crore in the quarter of June 2010, from Rs 240.99 crore worth of sales in the same quarter last year.