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MUMBAI: SU-RAJ Diamonds and Jewellery Ltd has reported a 24 per cent growth in net income at Rs 270.78 crore for the quarter ended December 2004.

Net profit rose 42 per cent to Rs 8.38 crore during the quarter from Rs 5.9 crore during the corresponding period last year.

The revenue from jewellery division rose 84 per cent to Rs 143.9 crore (Rs 77.9 crore).

For the nine months ended December 31, net income from operations rose 45 per cent to Rs 761.24 crore. Net profit increased by 31.2 per cent to Rs 22.46 crore. The EPS for the period stood at Rs 5.72 (Rs 4.41).

The increase in sales was mainly due to the increase in jewellery exports which contributed Rs 345.84 crore compared to Rs 158.01 crore last year.

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