Mini Diamonds (India) Ltd

Under the partnership, MDIL will oversee marketing and business development activities and receive a share of the revenue. The tie-up will also allow the company to offer hallmarking, assaying, touch testing, and other ancillary services to its existing and prospective customers through the partner unit. MDIL said the collaboration will help the company tap into Pyramid Gold's customer base as a potential market for its jewellery products and related services, thereby strengthening its overall service offerings and deepening its reach across the jewellery value chain. Upendra N. Shah, chairman and managing director of Mini Diamonds (India), said, 'We see this business arrangement as a logical extension of our jewellery business, allowing us to offer hallmarking and related ancillary services alongside our core products. By combining our marketing capabilities with the business partner's established operational base in Mumbai, we aim to deepen our customer relationships and unlock additional revenue streams.' Mini Diamonds (India) (MDIL) is engaged in the business of manufacturing and trading diamonds. The company reported a standalone net profit of Rs 1.82 crore in Q2 FY26, down 1.1% from Rs 1.84 crore in Q2 FY25. However, revenue from operations rose 12.7% year-on-year (YoY) to Rs 100.46 crore in Q2 FY26. Powered by Capital Market - Live

In an exchange filing, the company said it will export lab-grown polished diamonds valued at $1.50 million. The export order is scheduled to be completed within three months from the date of the order, while the payment will be received within 150 days from the completion date. The company also clarified that neither its promoters nor the promoter group has any interest in the awarding authority, and the transaction does not qualify as a related-party deal under regulatory norms. Upendra N. Shah, chairman and managing director, Mini Diamonds (India), said, 'The repeat order from our Hong Kong customer, focused on exclusively special-cut and shaped lab-grown polished diamonds, underlines the confidence in our product consistency and ability to customize as per client requirements through our in-house R&D. Fulfilment of the earlier orders to this customer is progressing as planned, and we expect to complete dispatches within the agreed timeframes. As we expand our offering beyond round shapes, we see better flexibility for our overseas partners and improved visibility for the lab-grown diamond portfolio in export markets over the coming quarters.' Mini Diamonds (India) (MDIL) is engaged in the business of manufacturing and trading diamonds. The company reported a standalone net profit of Rs 1.82 crore in Q2 FY26, down 1.1% from Rs 1.84 crore in Q2 FY25. However, revenue from operations rose 12.7% year-on-year (YoY) to Rs 100.46 crore in Q2 FY26. Powered by Capital Market - Live

Mini Diamonds (India) has secured additional export order of USD 1.50 million (Approx. Rs 13,50,00,000) from the Hong Kong-based prominent client this time for Exclusively Special cut and shaped lab-grown polished diamonds on 02 December 2025. Powered by Capital Market - Live

Mini Diamonds (India) has secured another export order of USD 2 million (Approx. Rs 17.80 crore) from a Singapore-based significant customer for lab-grown cut and polished diamonds on 26 November 2025.Powered by Capital Market - Live

The order, received on 26 November 2025, adds to a series of recent export wins from overseas clients and reflects the company's growing momentum in global markets. The company said that its ability to deliver consistent quality and competitive pricing continues to strengthen its position among international buyers. The latest order also signals MDIL's widening customer base beyond the US, aligning with the broader uptick in global demand for lab-grown diamonds. MDIL added that these export orders are expected to significantly boost revenue from its lab-grown segment in the coming quarters and support overall profitability as volumes scale up. Mini Diamonds (India) (MDIL) is engaged in the business of manufacturing and trading diamonds. The company reported a standalone net profit of Rs 1.82 crore in Q2 FY26, down 1.1% from Rs 1.84 crore in Q2 FY25. However, revenue from operations rose 12.7% year-on-year (YoY) to Rs 100.46 crore in Q2 FY26. Powered by Capital Market - Live

Net profit of Mini Diamonds (India) rose 35.61% to Rs 2.78 crore in the quarter ended September 2025 as against Rs 2.05 crore during the previous quarter ended September 2024. Sales rose 43.71% to Rs 149.44 crore in the quarter ended September 2025 as against Rs 103.99 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales149.44103.99 44 OPM %2.182.10 - PBDT3.522.18 61 PBT3.392.05 65 NP2.782.05 36 Powered by Capital Market - Live

Mini Diamonds (India) will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live

The company stated that this order aligns with its ongoing efforts to enhance export revenues and strengthen its presence in international markets. Upendra N. Shah, chairman and managing director, Mini Diamonds (India), said, 'We have received a $ 18,00,000 order for lab-grown diamonds as part of our ongoing engagement with a key client in Hong Kong. This comes amid rising global demand for LGDs and reflects confidence in our improving quality and on-time execution. Our overseas reach is expanding, especially in the Far East and we will continue to scale capacity and broaden our customer base in line with demand.' Mini Diamonds (India) (MDIL) is engaged in the business of manufacturing and trading diamonds. The company reported a standalone net profit of Rs 1.82 crore in Q2 FY26, down 1.1% from Rs 1.84 crore in Q2 FY25. However, revenue from operations rose 12.7% year-on-year (YoY) to Rs 100.46 crore in Q2 FY26. Powered by Capital Market - Live

Mini Diamonds (India) announced that the Annual General Meeting(AGM) of the company will be held on 30 September 2025.Powered by Capital Market - Live

Mini Diamonds (India) will hold a meeting of the Board of Directors of the Company on 8 September 2025.Powered by Capital Market - Live