Rajesh Exports net rises 25%

MUMBAI: Rajesh Exports’ net profit for the quarter ended September rose 25.1% to Rs 21.2 crore, while revenues grew 38.9% to Rs 1,712.9 crore.

The rise in net profit is due to the improving margins of the company, while the increase in sales can be attributed to the substantial increase in exports. The order book position of the company is Rs 1,135 crore. The company has begun its retail foray under the brand name of Laabh Jewellers. About 16 outlets have already been started and more showrooms are in the offing.