Published
Feb 15, 2023
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Rajesh Exports posts Q3 net profit of Rs 421 crore

Published
Feb 15, 2023

Rajesh Exports Ltd reported a net profit of Rs 421 crore ($51 million) for the third quarter ended December 2022, as against Rs 300 crore reported in the corresponding period of the previous fiscal year.


Rajesh Exports posts Q3 net profit of Rs 421 crore - Rajesh Exports Ltd.


The company’s revenue for the quarter rose to Rs 94,474 crore, as against Rs 65,179 crore reported in the year-ago period.

Commenting on the Q3 results, Rajesh Mehta, chairman of Rajesh Exports Ltd in a statement said, “I am pleased to state that the company has achieved record revenue and profit for the concluded quarter. The company has also achieved impressive growth in revenues and profits both sequentially and year on year.

“The order book of the company indicates good growth trajectory in the coming quarters,” Mehta added.

Rajesh Exports is a gold retailer in India that refines, designs, and sells gold and diamond jewellery. The company has 82 retail jewellery showrooms under the name Shubh Jewellers and supplies jewellery to some 5,000 retail showrooms across the globe.

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