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Rajesh Exports Ltd’s profits were 10.03 per cent higher at Rs 108.12 crore for the first quarter (Q1) of fiscal (2013-14).
The company’s revenues were also 10.79 per cent higher at Rs 5,503.16 crore as compared to the same period last year. EPS stood at Rs 3.66 as compared to Rs 3.33 recorded last year.
The company’s order book as on June 30 stood at Rs 4,932 crore. These orders are to be completed by September 30.
Commenting on the performance, Chairman Rajesh Mehta said, “The increase is primarily due to growth in profits from retail operations. The growth in revenues has been due to the growth of our export business and the company’s retail business.”
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