Rajesh Mehta, Chairman, Rajesh Exports
The company refines more than 35 per cent of the world's gold - the largest by a single entity at its refineries at Balerna in Switzerland and in Uttarakhand, with a cumulative capacity to refine 2,400 tonne of the precious metal per annum. It is also the world's lowest-cost producer of gold products by virtue of robust systems and advanced technology for production and strong R&D facility. The company is constantly engaged in developing new designs and processes and technology for refining and manufacture of gold jewellery, leading to a portfolio of more than a million designs.
Since inception, Rajesh Exports has consistently demonstrated profitable growth and is a regular dividend paying company with 100 per cent dividend pay-out for the past 12 years. For FY22, the company recorded a consolidated revenue of Rs 2,43,168 crore and a consolidated profit-after-tax of Rs 1,009 crore.
From being ranked sixth last year, the company has slipped three places to be ranked ninth in this year's BW Real 500 list.
This story is from the February 11, 2023 edition of Businessworld India.
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This story is from the February 11, 2023 edition of Businessworld India.
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