Shrenuj & Co Q2 net zooms 120%

Shrenuj & Company, one of the largest jewellery exporters from India, posted 120 per cent rise in net profit at Rs 12.97 crore for the quarter ending September 30, 2009 as compared to Rs 5.90 crore in the corresponding quarter last year.

Net sales of the company surged 16 per cent to Rs 396.86 crore from Rs 342.16 crore during the quarter under consideration.

The company announced opening of its South African operations, marking its presence in 14th country worldwide.