Friday, 2nd July 2004 (3996 views)

Indian gold jewellery exporter Rajesh Exports has revealed its annual results, reporting a record growth.

The company has achieved a 370 per cent growth in net profit for the year ending March 31 2004, according to News Today.

In addition turnover increased to R3,050 crore, with operating profit up to R27.31 crore.

According to Rajesh, the increase is due to a state-of-the-art manufacturing facility and an introduction of improved technical expertise during the last year.

Rajesh has announced it will offer a dividend of 50 per cent due to the positive results, rather than the 15 per cent paid last year.

 

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