FY 2020 – 2020 was a very bad year in terms of sales and profit due to covid19 and then sudden increase in gold and silver prices. However, diamond and antique jewel department saw very slight decrease in sale. Compared to FY-2019, FY-2020 saw a net profit drop of over 75%. FY 2021 FY-2021 was better than FY-2020 because, there was no more lockdown Prices of gold and silver saw a price drop There was higher demand in the market for gold Jewelery because of increase in marriages FY 2022 In FY-2022 things are going back to being normal but due to 40% increase in gold rate from 2019 and 55% increase in silver rate, people are not able to afford or they do not want to buy jewellery as much as they did in the past.