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Goldiam International reports 2X growth in PAT for Q3FY21

Goldiam International reports 2X growth in PAT for Q3FY21 Posted On: 2021-02-11 11:27:09 (Time Zone: Arizona, USA) Goldiam International Ltd (Goldiam), a reputable integrated manufacturer and supplier of impeccable diamond-jewellery to leading retailers and wholesalers in the USA and Europe, has announced its results for the quarter and nine months ended on 31st December 2020. - Consolidated Revenue increased by 57% YoY due to pent up consumer demand. US witnessed a significant recovery in consumer spending post the COVID19 disruption. Jewellery stores in the US resorted to inventory restocking for Thanksgiving and the holiday season, which led to a surge in pent-up demand. Profit growth was further aided on account of consolidation of Eco-Friendly Dimanonds LLP in Q3FY21.

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