Rajesh Exports Ltd reports earnings for FY20

Rajesh Exports Ltd. (BSE: 531500, NSE: RAJESHEXPO), world's largest gold refiner and world's only fully integrated entity across the entire value chain of gold, announced its consolidated audited results for the quarter and year ended 31 March 2020.

For Year ended March 31, 2020:

- Consolidated Revenues for the year at Rs. 1956001.70 Million.
- Consolidated EBIDTA for the year at Rs. 13339.20 Million.
- Consolidated PAT for the year at Rs. 12058.91 Million.
- Consolidated EPS for the year at Rs. 40.84 per share of Rs 1.
- The company has recommended a dividend of 100% for FY20.

For Quarter ended March 31, 2020:

- Consolidated Revenues for the year at Rs. 475526.57 Million.
- Consolidated EBIDTA for the year at Rs. 2872.10 Million.
- Consolidated PAT for the year at Rs. 2716.57 Million.
- Consolidated EPS for the year at Rs. 9.20 per share of Rs 1.

Mr Rajesh Mehta, Chairman, Rajesh Exports Ltd. said, "Globally the pandemic situation had started in the month of February itself, inspite of which the company has posted encouraging results. Once the pandemic situation is overcome and normaicy prevails, I am confident that the company will grow impressively both in revenues and profits."

Shares of RAJESH EXPORTS LTD. was last trading in BSE at Rs.465.75 as compared to the previous close of Rs. 484.2. The total number of shares traded during the day was 40315 in over 2122 trades.

The stock hit an intraday high of Rs. 485.95 and intraday low of 462. The net turnover during the day was Rs. 18964538.

Source : Equity Bulls

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