Rajesh Exports' Q1 FY 2025-26 Quarterly Results

Result Summary

• Rajesh Exports Ltd reported a 43.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 117.9%.
• Its expenses for the quarter were up by 43.5% QoQ and 117.9% YoY.
• The net profit decreased 69.8% QoQ and decreased 180.4% YoY.
• The earnings per share (EPS) of Rajesh Exports Ltd declined at 0.32 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Rajesh Exports Ltd is a leading company in the gold and jewelry industry. It is known for its involvement in the entire value chain of gold, from refining to retail. The company primarily deals with the manufacturing and trading of gold products and has a significant presence in both domestic and international markets. As of the current period, no recent major developments have been specified. However, the company is recognized for its extensive operations which include refining, designing, and selling gold jewelry and related products.

Revenue

For the first quarter of fiscal year 2026 (Q1FY26), Rajesh Exports Ltd reported a total income of ₹131,551.25 crores. This represents a significant quarter-over-quarter (QoQ) increase of 43.5% compared to the previous quarter (Q4FY25), where the total income was ₹91,649.32 crores. Year-over-year (YoY) growth was even more substantial, with an increase of 117.9% compared to ₹60,376.58 crores in the same quarter of the previous year (Q1FY25). These figures underscore a marked growth in revenue over both the short and long term.

Profitability

The financial performance of Rajesh Exports Ltd in terms of profitability shows a mixed picture. The company reported a Profit Before Tax (PBT) of ₹1.76 crores for Q1FY26, a noteworthy improvement from the loss of ₹13.80 crores in Q4FY25. However, this represents a sharp decline from the profit of ₹17.39 crores recorded in Q1FY25. The tax expense for Q1FY26 was ₹11.30 crores, decreasing 36.4% QoQ but showing a 104.3% increase YoY. Consequently, the Profit After Tax (PAT) for Q1FY26 was a negative ₹9.53 crores, an improvement from a larger loss of ₹31.57 crores in Q4FY25, but a substantial decline from a profit of ₹11.86 crores in Q1FY25.

Operating Metrics

The earnings per share (EPS) for Rajesh Exports Ltd in Q1FY26 stood at -₹0.32, reflecting an improvement from -₹1.02 in Q4FY25. Compared to Q1FY25, where the EPS was ₹0.40, this marks a significant decline. The operating expenses closely matched the revenue figures, with total expenses reported at ₹131,549.48 crores for Q1FY26, aligning almost exactly with the total income. This demonstrates that the company had a breakeven point at the operating level for this quarter, with expenses increasing by 43.5% QoQ and 117.9% YoY, mirroring the trend in revenue.