Receipt of export order for Lab Grown Polished Diamonds amounting to USD 1.85 million
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Mini Diamonds India Ltd has received an export order worth USD 1.85 million (approximately INR 16.65 crore) for the supply of lab-grown polished diamonds to Jewellery Trendz Limited, a Hong Kong-based client. The order must be executed within 3 months, with payment due within 150 days of order completion. The company describes this as part of its ongoing export momentum and repeat business from Hong Kong, highlighting it as a key international market. Management states the order reflects sustained confidence from international customers and reinforces MDIL's ability to convert enquiries into executable export business.
This is a positive development for shareholders as it adds a new order worth roughly INR 16.65 crore to the export pipeline, strengthening revenue visibility for the coming quarter. Continued repeat orders from Hong Kong suggest building customer stickiness in a priority export market, though the order size relative to total revenue is not disclosed.