The company has received the Rs 16.25 crore order for natural diamond supply, while the Rs 14 crore order is related to lab-grown diamonds
Mini Diamonds India has secured two separate domestic orders for natural and lab-grown diamonds (LGDs) supply worth Rs 30 crore. The company bagged a domestic order of Rs 16.25 crore from a Mumbai-based client on Tuesday for the supply of cut and polished natural diamonds.
In a separate exchange filing, the company added that it secured another order worth Rs 14 crore from a Mumbai-based client on Monday for cut and polished LGDs supply. The company said that it has placed an increased focus on developing its domestic business by identifying growth opportunities across relevant customer segments and building relationships that can contribute to sustained business momentum.
“This order reflects the confidence placed in MDIL’s execution capabilities, product understanding and commitment to quality. The natural diamond market continues to remain competitive, but we believe that companies with established experience, disciplined operations and the ability to align with client-specific requirements will continue to find meaningful opportunities,” said Upendra Narottamdas Shah, Chairman and Managing Director, Mini Diamonds (India).
The company added that over the past few years, the diamond industry has witnessed a gradual evolution in customer preferences and product positioning, particularly with the growing relevance of lab grown diamonds.
The company posted consolidated revenue of Rs 567.21 crore in the financial year 2026, an uptick from Rs 405.66 crore in FY26. However, net profit of the company also dipped significantly during the year as total expenses rose to Rs 566 crore in FY26 from Rs 399 crore in FY25.
In May 2026, the company introduced its fancy coloured lab-grown diamond jewellery line through its wholly owned subsidiary, Namra Jewels. The new jewellery line has been introduced as part of the company’s efforts to strengthen its consumer facing jewellery portfolio and build a differentiated presence in the fast evolving lab-grown diamond jewellery segment.
