The annual edition of ET 500 companies covers the top-notch investable companies with good fundamentals and future-ready business models.
Online PR News – 05-February-2018 – Bangalore –
Prashant Mehta, the Rajesh Exports MD with his unparalleled commitment, has established the company at the 5th position in the annual edition of ET 500 companies. It is yet another milestone in the continuing growth and success of Rajesh Exports Limited.
The annual edition of ET 500 companies covers the top-notch investable companies with good fundamentals and future-ready business models. It considers and analyses the companies on various parameters, such as revenue, net operating income, profit, assets, net worth, equity dividend and employee cost.
With a 46.58% change, the revenue of Rajesh Exports Ltd amounted to Rs 242,179.13 Crore for 2017. The company’s Net Operating Income, Profit and Net Worth were Rs 242,131.98 Crore, Rs 1,243.63 Crore and Rs 5,635.24 Crore respectively.
Looking at the staggering progress made by Rajesh Exports Limited and the sturdy current condition, financial analysts consider it to be a rewarding investment. It is the only company in the world involved in the entire chain of gold refining, manufacturing, and distribution.
Under the aegis of Rajesh Exports MD — Prashant Mehata, the company has emerged as the largest processor of gold, processing 35% of gold produced in the world. It has one of the world's largest active jewellery design database of 29,000 designs and has developed various innovative technologies and processes for manufacturing Jewellery. It is also one of the lowest cost gold jewellery producers in the world.
Rajesh Exports Limited has the world's finest gold products manufacturing and R&D facilities, along with extensive marketing network covering entire India and major gold markets of the world. It also made its debut at 423rd position in the Fortune 500 list last year. The company marked its maiden entry in the list as the most revenue generating company.
Expressing his happiness at the company’s achievement, Rajesh Mehta, the founder Chairman of Rajesh Exports Limited said, “We are very pleased that our company has ranked in top 5 positions in the annual edition of ET 500 companies. It is a great moment of pride for Rajesh Exports. We are humbled by the recognition. It holds a testament to our meticulous approach in ensuring operational excellence and future-ready business model for our company. We all geared to scale newer heights in the times to come.”
“We owe the success of our company to our clients who pose unwavering faith in our capabilities to offer complete spectrum of products and services in our field. It is a matter of immense pride that over a period of the last 26 years, Rajesh Exports has emerged as a truly global company. The journey ahead looks extremely encouraging and promising. Let’s walk it together with pride,” he added.
It is certainly not an everyday feat for a company with humble origins to be a part of this coveted list. Rajesh Exports Ltd has added yet another jewel to its crown with this achievement.