Harry Winston

March 22 - Harry Winston Diamond Corp reported a larger-than-expected quarterly profit on Tuesday as both rough-diamond and luxury-jewelry sales soared.

The diamond miner and retailer reported a profit of $9.9 million, or 12 cents a share, in the fourth quarter. That compared with a loss of $3.4 million, or 4 cents a share, a year earlier.

Analysts, on average, had expected earnings of 7 cents a share, according to Thomson Reuters I/B/E/S. Revenue rose 61 percent to $215.4 million from $133.7 million a year earlier.

The company's mining division produced 1.54 million carats in the quarter. Rough diamond sales were boosted 30 percent to $82.7 million by higher realized diamond prices.

On the retail side, sales were up 89 percent at $132.7 million, compared with $70.2 million in the year-before quarter.

Shares of Harry Winston closed up 3.33 percent at C$13.96 on Tuesday on the Toronto Stock Exchange.

(Reporting by Julie Gordon; editing by Peter Galloway)