Mini Diamonds India Ltd Achieves 65% YoY Revenue Growth in FY 2024-25, Focusing on Retail, Exports, and In-House Manufacturing

Mini Diamonds (India) Limited, a public limited company listed on BSE Limited, has reported a 65% year-on-year revenue growth to ₹ 40,557.47 lakhs in FY 2024-25. The growth is driven by the company's strategic focus on retail expansion, exports, and in-house manufacturing of lab-grown diamonds. The company has incorporated a wholly-owned subsidiary, Namra Jewels Pvt. Ltd., for retail sales and launched its first flagship store at Atria Mall, Worli, Mumbai. Mini Diamonds has commenced in-house manufacturing of sized lab-grown polished diamonds and formed a strategic partnership with A V PALACE DMCC to strengthen its presence in the Middle East. The company has also launched over 300 designs in 14KT Gold Lab-Grown Diamond Jewellery and exported 2,000 jewellery pieces to Canada. Mini Diamonds is planning to double its design portfolio in the coming financial year and expecting fantastic sales and profits from lab-grown polished diamond sales.