Classic Diamonds (India) has reported results for first quarter ended June 30, 2012.
On standalone basis, the company has reported a net loss of Rs 6.86 crore for the quarter ended June 30, 2012 against net profit of Rs 0.09 crore for the corresponding period last fiscal. Total income decreased by 94.59% at Rs 6.76 crore during the quarter under review from Rs 124.97 crore in the year-ago period.
Classic Diamonds is an India based diamond manufacturing company whose principal activity is to cut, polish and market fully processed, polished and rough diamonds and gold-studded, jewellery.
