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Zodiac-JRD-MKJ (ZODIACJR) is engaged in producing cut and polished diamonds. It was incorporated as a private limited company on Jan. 06, 1987 and converted into a public limited company on Oct. 22, 1992. The company is part of the Zaveri family (JRD group), which has business interests in jewelry and precious stones and JRD Gems, a private limited company, under its fold. The processing facilities are located at Dahisar in Mumbai. The company imports rough diamonds from Belgium or buys them locally from Hindustan Diamonds and cuts and polishes them. The group is consolidating business activities with the merger of JRD Diamonds and more recently, MKJ Jewellery with the company. The registered office is at 910, Parekh Market, 39, J.S.S. Road, Opera House, Mumbai-400004. Financials The company reported rise of 719.78% in standalone net profit on y-o-y basis to Rs 2.98 million, while total income rose 137.10% y-o-y basis to Rs 77.49 million for the quarter ended March 2011.
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