Rajesh Exports logs 42% yoy growth in revenue at Rs65,179cr; stock down by ~2%

15 Feb 2022 , 11:09 AM

Rajesh Exports Ltd., the world’s largest gold refiner and world’s only fully integrated entity across the entire value chain of gold, has reported its consolidated financial results for the quarter and nine months ended December 2021.

The company reported consolidated revenue of Rs65,179.41 crore for the quarter ended December 2021, as compared to Rs45,586.42 crore for the previous corresponding quarter, registering growth of 42.98% yoy.

Consolidated revenue for the 9M ended December 2021 stood at Rs1,57,321.56 crore as against Rs1,93,790.53 crore for Q3FY21, down by 18.82% yoy.

It reported a consolidated EBITDA of Rs317.83 crore for the quarter ended December 2021.

Consolidated PAT for Q3FY22 stood at Rs300.18 crore as against Rs227.64 crore for Q3FY21, reflecting growth of 31.87% yoy.

Its consolidated EPS for the quarter stood at Rs10.17 per share.

EBIDTA for the current 9-month period was reported at Rs950.14 crore. Consolidated PAT for the current 9M ended December 2021 stood at Rs870.04 crore, and Rs 552.78 crore for the previous 9M period, logging a growth of 57.38% yoy.

Rajesh Exports was trading at Rs803.95, down by Rs15.30 or 1.87% against its previous closing price of Rs819.30. It touched day’s high and low of Rs838.05 and Rs787.50 respectively.