Rajesh Exports, the world's largest gold refiner, today posted a 11.17 per cent jump in its consolidated net profit at Rs 369.2 crore during the fourth quarter of 2017-18 fiscal.
Its net profit stood at Rs 332.1 crore in the same quarter of the previous fiscal, the company said in a regulatory filing.
Net sales declined to Rs 43,841.8 crore during January-March quarter of the 2017-18 fiscal from Rs 54,270 crore in the year-ago period.
Its order book position as on March 31, 2018 stood at Rs 64,561.4 crore.
The company said it is in the final stages of setting up a world class gold refinery at its Bengaluru manufacturing facility.
The company's refining capacity has increased to 2,400 tonnes of precious metals per annum after the acquisition of Valcambi, the world's largest gold refinery at Switzerland.
Shares of the company fell by 1.72 per cent to settle at Rs 615.95 apiece on the BSE today.
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