Rajesh Exports ranked as No 1 Company in the Gems & Jewellery sector by Dun & Bradstreet

Rajesh Exports Ltd has announced that the Company has been ranked 1st in the Gems & Jewellery sector for the year 2006 by Dun & Bradstreet.

Dun and Bradstreet has ranked Companies based on three criteria - Total Income, Net Profit and Net worth. The recognition gains significance as Dun and Bradstreet had considered listed Companies, unlisted Companies and Public Sector Enterprises for the ranking. The Company emerged at the top and secured the first rank in the Gems and Jewellery sector for the 2006 edition of 'India's Top 500 Companies' of Dun & Bradstreet. Thereby, maintaining its global leader status.

The Company is currently is the largest gold jewellery manufacturer in the world and has consistently been the largest exporter of gold jewellery from India, for the last 12 years. It is the only recognized Five Star Expert house in the jewellery industry in India and has won several export achievement awards from the government and various other bodies over the last 12 years. The Company has achieved the best economies of scale and is the lowest cost gold jewellery producer in the world. The Company achieved revenues exceeding Rs 5400 crores in the last financial year.

The Company is the only organization in the world that has achieved complete integration in the field of gold jewellery. The Company is now aggressively expanding its retail presence globally and in India and is focused on increasing its profitability manifolds. The main future drivers of profitability and volumes would be private label exports and retailing.

Source : Equity Bulls

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