Rajesh Exports Ltd. is launching it's 81st retail jewellery Showroom in Karnataka under the brand name of SHUBH Jewellers at Chennagiri. REL has finalized plans to open another 44 SHUBH Jewellers showrooms in the state of Karnataka, thereby making a total of 125 showrooms in Karnataka, after which REL would be launching SHUBH Jewellers in other south Indian states of Andhra Pradesh, Tamilnadu and Kerala.

Rajesh Exports Ltd. is looking forward to acquisition opportunities and is planning to acquire gold mines in Africa and Australia as part of its ten year strategy become an integrated player in gold.

Rajesh Exports Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported total income from operations was INR 78,231.64 million against INR 65,182.32 million for the same period last year. Profit from operations before other income, finance costs and exceptional items was INR 1,894.07 million against INR 2,288.13 million for the same period last year. Profit from ordinary activities before tax was INR 1,314.68 million against INR 1,147.65 million for the same period last year. Net profit for the period was INR 1,314.68 million or INR 4.45 per basic and diluted share against INR 1,147.65 or INR 3.89 per basic and diluted share for the same period last year. For the nine months, the company reported total income from operations was INR 195,357.95 million against INR 170,161.77 million for the same period last year. Profit from operations before other income, finance costs and exceptional items was INR 5,320.83 million against INR 5,159.67 million for the same period last year. Profit from ordinary activities before tax was INR 3,421.88 million against INR 3,169.66 million for the same period last year. Net profit for the period was INR 3,421.88 million or INR 11.60 per basic and diluted share against INR 3,169.66 or INR 10.73 per basic and diluted share for the same period last year.