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Asian Star Sees Dip in Full-Year Revenue
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Asian Star Sees Dip in Full-Year Revenue
Revenue at Mumbai-based diamond and jewelry manufacturer Asian Star fell 2.4% in the last fiscal year. Group revenue — including at subsidiaries — dropped to INR 29.03 billion ($303.4 million) for the year that ended March 31, the company said Monday. Diamond sales slid 11% to INR 20.55 billion ($214.6 million), while revenue from jewelry rose 17% to INR 9.65 billion ($100.8 million). The company’s profit declined 2.5% to INR 404.8 million ($4.2…
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