Net sales grew by over fourfold to Rs 49,819.13 crore in the October-December quarter this fiscal from Rs 12,432.43 crore in the same quarter of 2014-15 fiscal.
In July, Rajesh Exports had acquired Switzerland-based gold refinery Valcambi for $400 million in an all-cash deal to tap European and North American markets.
Jewellery exporter and retailer Rajesh Exports Ltd (REL) on Monday reported a 75.15 per cent jump in profit at Rs 279.83 crore for the second quarter that ended on September 30, on the account of higher sales.
Engineering conglomerate Blue Star Ltd today announced that it has acquired 51 per cent stake in Oman Electro Mechanical Contracting Co LLC (OEMC), a 100 per cent subsidiary of W J Towell & Co LLC.
Rajesh Exports, the world's largest gold jewellery maker, on Tuesday said the company has bagged an export order worth Rs 1,170 crore from a UAE-based company for gold and diamond-studded jewellery and medallions.