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Rajesh Exports
Rajesh Exports Reports ‘Record’ Results After Valcambi Acquisition
India-based gold refining company Rajesh Exportsreported revenue roughly quadrupled year on year to $7.27 billion (INR 498.19million) in the third quarter that ended December 31 as it completed the$400-million acquisition of Valcambi, the world’s largest gold refinery....
Polished Markets Feb 17, 2016 Rapaport News
Rajesh Exports
Rajesh Exports’ Revenue, Profit Surge in 2Q
Indian jewelry manufacturer and marketer Rajesh Exportsreported sales rose about four-fold in the second quarter, pushing up netprofit by 75 percent.Revenue surged to $6.7 billion (INR 443.2 billion) in thethree-month period that ended September 30, the...
Manufacturing Nov 17, 2015 Rapaport News
Rajesh Exports
Rajesh Exports Acquires Precious Metals Refiner Valcambi For $400M
Rajesh Exports, an India-based jewelry manufacturer, acquired Valcambi, the world’s largest precious metal refining company for $400 million in cash. Rajesh Exports purchased the Swiss-based refiner from gold and copper mining giant...
Manufacturing Jul 28, 2015 Ronen Shnidman
Shubh Jewellers
Rajesh Exports Reports Record Sales for the Akshaya Tritiya Festival
Rajesh Exports Ltd.'s retail brand SHUBH Jewellers posted record sales during the Akshaya Tritiya festival, in response to introducing several new designs, according to a filing on the Bombay Stock Exchange (BSE). The company did...
Retail Apr 22, 2015 Jeff Miller
Shubh Jewellers
Rajesh Exports' 3Q Sales +148%, Profit +87%
Rajesh Exports Ltd. reported that group revenue jumped 148 percent year on year to $2 billion (INR 124.3 billion) in the third quarter that ended on December 31. Expenses surged 151 percent to $1.96 billion (INR...
Manufacturing Feb 16, 2015 Jeff Miller
Rajesh Exports
Rajesh Exports Secures $289M Order from UAE
Rajesh Exports Ltd. secured a new $289 million (INR 17.8 billion) export order for jewelry, according to a filing on the Bombay Stock Exchange (BSE). The news gave a boost to the company's stock today, which...
Manufacturing Jan 19, 2015 Jeff Miller
Shubh Jewellers
Rajesh Exports' 3Q Revenue -36%, Profit -30%
Rajesh Exports reported that its revenue fell 36 percent year on year to $808.7 million (INR 50.23 billion) in the third quarter that ended on December 31. The company's profit fell 30 percent to $14.8 million (INR...
Financial-Legal Feb 18, 2014 Deena Taylor
Shubh Jewellers
Rajesh Exports 3Q Sales +20%
Jewelry manufacturer Rajesh Exports Ltd. reported that sales rose 20 percent year on year to $1.45 billion (INR 78.23 billion) during its third fiscal quarter that ended on December 31, 2012. Growth was driven...
Retail Feb 15, 2013 Dilipp S Nag
Shubh Jewellers
Rajesh Exports Posts Strong Festive Season Sales
Rajesh Exports Ltd., which retails its jewelry under the SHUBH Jewellers brand, reported record sales during the Diwali and Christmas festive seasons. The company said that sales from its 80 retail...
Retail Jan 04, 2013 Dilipp S Nag
Shubh Jewellers
Rajesh Exports 2Q Sales +17%
Jewelry manufacturer Rajesh Exports Ltd. reported that net sales rose 17 percent year on year to $1.23 billion (INR 67.45 billion) during its second fiscal quarter that ended on September 30, 2012. Growth was...
Manufacturing Nov 15, 2012 Dilipp S Nag
Rajesh Exports
Rajesh Exports 1Q Sales +5%, Profit +3%
Jewelry manufacturer Rajesh Exports Ltd. reported that sales rose 5 percent year on year to $897.6 million (INR 49.67 billion) during its first fiscal quarter that ended on June 30, 2012. Profit increased 3 percent...
Manufacturing Aug 14, 2012 Dilipp S Nag
Rajesh Exports
Rajesh Exports 4Q Sales +37%, Profit +78%
Jewelry manufacturer Rajesh Exports Ltd. reported that net sales rose 37 percent year on year to $1.57 billion (INR 87.11 billion) during its fourth fiscal-quarter that ended on March 31, 2012. Growth was driven...
Manufacturing May 30, 2012 Dilipp S Nag
Shubh Jewellers
Rajesh Exports Posts Strong Sales on Akshaya Tritiya
Rajesh Exports Ltd. reported record sales during Akshaya Tritiya, one of the most ‎auspicious days on the Hindu calendar to buy gold and jewelry. The jewelry brand said ‎that sales exceeded $9.9 million...
Retail May 02, 2012 Dilipp S Nag
Rajesh Exports
CARE Reaffirms A3+ Rating on Rajesh Exports’ Credit Facilities
CARE Ratings reaffirmed the CARE A3+ rating assigned to jewelry manufacturer Rajesh Exports Ltd.'s short-term bank facilities worth $122 million (INR 6.40 billion).The company's rating continues to draw strength from its long-standing...
Retail Apr 27, 2012 Dilipp S Nag
Shubh Jewellers
Rajesh Exports Opens 20 Stores on Akshaya Tritiya
Rajesh Exports Ltd. opened 20 new retail stores in the southern Indian state of Karnataka on Tuesday, coinciding with the occasion of Akshaya Tritiya, one of the most auspicious days in the Hindu calendar to buy gold and...
Retail Apr 24, 2012 Dilipp S Nag
Shubh Jewellers
Rajesh Exports 3Q Sales +26%, Profits +51%
Rajesh Exports Ltd. reported that net sales rose 26 percent year on year to $1.32 billion (INR 65.18 billion) during its third fiscal-quarter that ended on December 31, 2011. Growth was driven by the company's...
Manufacturing Feb 09, 2012 Dilipp S Nag
Shubh Jewellers
Rajesh Exports Posts Strong Diwali, Christmas Sales
Rajesh Exports Ltd. posted record sales in the final quarter of calendar 2011 following the company’s recent retail expansion. The jewelry maker reported that sales exceeded $17.4 million (INR 900 million) at its...
Retail Jan 11, 2012 Dilipp S Nag
Shubh Jewellers
Rajesh Exports to Open 550 Retail Stores by 2014
Rajesh Exports Ltd. is planning to open 550 retail stores by 2014 in southern Indian states as it aims to capture 8 percent of the Indian retail gold jewelry market. The company, which retails its products through its own...
Retail Dec 14, 2011 Dilipp S Nag
Shubh Jewellers
Rajesh Exports 2Q Sales +14%, Profits +45%
Rajesh Exports Ltd. reported that sales rose 14 percent year on year to $1.15 billion (INR 57.67 billion) during its second fiscal-quarter that ended on September 30, 2011. Net profit jumped 45 percent to $21.4 million...
Manufacturing Nov 14, 2011 Dilipp S Nag
Jewelry Sales India
Value of Diwali Sales Increases But Volume Drops
Indian jewelry retailers experienced an increase in Diwali sales by value thanks to higher gold and diamond prices, but sales volume declined.''Diwali sales were good, primarily of gold jewelry,'' said Rajesh Mehta, the chairman of Rajesh...
Retail Nov 01, 2011 Dilipp S Nag
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