Tara Jewels Ltd reported that sales of its products, with the exception of gold bars, increased by 12% year-on-year to $ 108 million, following the results of the first financial half-year ended September 30. The company's profit for the reporting period decreased by 7% to $ 3.6 million.
Chairman of the company Rajeev Sheth announced the first interim dividend of 1 rupee per share. He confirmed that international sales of Tara Jewels are showing good results due to high demand for jewelry from large retailers.
"In the current year, we have expanded the geography of activities and client base, increased the number of brands, and expanded the area of ​​storage facilities for commodity stocks.